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I have been looking at a 3-family house but when I run the numbers, the cash flow is in the red something like $230. Are there times when the numbers aren't showing the true value of a house? I asked him if he'd be wi...
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Hi. Can anyone help. im new investor i was tired of sitting around so i jumped right in and bought rehab prop for 10k. looked like a good deal at the time in march 2006. finished work on gutting and rehabbing propert...
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I have a condo currently cashflowing about $250 a month ($2250 rent - $2000 PITI + HOA). I have about $100k equity in it. It is currently on a 15 year schedule and I have 12 years until paying it off. The interest rat...
how different is it from residential?
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I must admit, I was forewarned not to waste my time trying to bring an attorney who was not already REI friendly up to date with the process of wholesaling. However after spending up about ten minutes of a local R...
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I see some investors on BP really focus on initial cash flow and when running a business this makes total sense. As a business experiment, I recently rented out a car I bought ( $3500 all in ) with a service like airb...
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It's best not to have an LLC than to have one that is put together or run poorly.
I came across this case "Colorado Court of Appeals Pierces the Veil of Single-Member LLC with No Showing of Wrongdoing" - I ...
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I have read in several different forums about the 8% rule but I don't completely understand it. Can anyone give me a good explanation of this? Thanks in advance.
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Bigger Pockets continues to amaze me - thank you, Josh and Brandon for creating such an amazing forum & knowledge treasure trove! I listened to the podcast with Dave Van Horn yesterday about note investing. I have...
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Hello,Is it just me or are you guys feeling the competition for bidding on a rehab?Had one property which had 44 offers on it and another 20 offers. It reminds me of summer 2005.I'm thinking we will see a crash in a y...