Hi guys! My partner and I have been sending out direct mail for the past 3 months and we've finally found a deal (SFH). Comps are at $80k, seller wanted $60k and after negotiations we got the property under contract f...
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
Stock market gains average 8% per year. I am not sure what the average year on year return for BRRRR is but if you compare the two which one would earn you more money for your investment assuming average BRRRR results...
Hey BiggerPockets Community,
I’m working with an organization that’s aiming to address affordable housing in a way that leverages time as a primary tool. Our belief is that real, sustainable affordability in housing ...
Hey guys -
Did a a research + writeup for best Vacation Rental markets and wanted to share it. Hope y'all enjoy:
Wilmington, NC
- Wilmington, North Carolina is a coastal city in North Carolina and a long-time v...
I am a real estate agent in Upstate, NY but have had a request from someone to manage their newly purchased property. It is pretty close to me so I said sure lets talk about it. But I have never managed an Air BNB for...
I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...
I know this has been asked in the past. I've read through those posts and am looking to update the discussion based on current market conditions and get some advice based on our specific circumstances listed below.
W...
Anyone preparing for the next crash and strategize on how to maximize return on the next cycle? It’s getting harder and harder to find good deals it seems. A lot of sellers are priced at that “perfect” asking price. F...
I have this question because I have played in the NFL for 6 years now, and I have had many of my teammates ask me how they should invest some of their money once they find out that own multiple properties. Many of the...