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I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
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What’s everyone take on the BRRRRR method? I think it’s a fantastic idea but I’m beginning to hear more and more investors against it. Shouldn’t be leaving money in your property. 75% LTV or even 80% isn’t enough. Los...
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To borrow or not to borrow, debt free is the way to be etc etc etc. The way I see this is a risk vs reward. How do you decide though where the risk is to great or the reward to little? How do you decide to purchase a ...
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Happy Weekend everyone,
Today I want to ask how everyone deals with contradictory information, negativity and discouragement, and naysayers.
What I mean by this is that with every market or strategy one chooses, you...
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Hello everyone,I feel like I've been stuck in the whole analysis portion of realestate, from reading books, watching pod cast and now joining the bigger pockets forums. with that being said how did you all get out of ...
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If I buy a SFR in Denver how much appreciation should I account for when calculating IRR?I know each area of the country appreciates differently. Do you use the national inflation rate? Is there a website or tool you ...
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I am finally situated to get into REI but in all honesty, I am scared to death! My intentions is to by and flip and doing the bulk of the work myself. Pretty much my only fear is not knowing ENOUGH about the process, ...
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Hi guys and gals,
I was wondering how did you start building your crew for a flip?
Do you hire just 1 General Contractor?
or
Do you hire sub contractors for each job?
( i.e. one for flooring, one for drywall)
W...
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This may be a half-vent. You might be better to go from what I've gone back and labeled (A) and drop straight to (C)(A)I am constantly looking for that mentor that will let me watch, learn and basically do some hand-h...
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Hey hey hey fellow BiggerPocketeers!BiggerPockets is always looking for ways to improve the site - and what we hear over and over is: What is the best solution for X? and Has anyone used X company?We've heard yo...