The reason why this industry brings some of the best and brightest is that is so dynamic, no changes in the market are in a vacuum. Clients that are expecting rates to slip, a sentiment that I agree with, are missing...
A - Invest $100, add value to $120, market corrects to $100 in year 1, but you achieve an 8% return from cash flow and principal reduction.B - Invest $100, add value to $120, market remains as-is (or it takes longer t...
My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
So I bought my dads property, it came with a tenant who has lived there since the day he bought it 30 years ago. He never raised rent, it’s at $400/month. The unit isn’t very nice, she’s a smoker and there’s nicotin...
I had a closing that was set to happen tomorrow. Everything was ready, but the buyers didn't have their ducks in a row, and closing will be extended 7-12 days.I told my realtor to ask if they can cover my extra holdin...
Greetings. I have a single family home that I want to rent. Using a PM to manage the property isnt preferred (because I'll only break even, literally). My plan was to just use a PM to find a tenant (and they'll tak...
My partner and I just closed on our first flip together and when it came down to dividing up the profit we've run into some issues. He wants his wife to get paid a separate design fee for her involvement. This had bee...
Hello Bigger Pockets,I wanted to start a thread (and hopefully add to it as the years go by) on ways that I've learned over the years to establish and maintain high productivity. There's a LOT to know and do in this ...