I currently own a property management company (started it one year ago!) and personally manage our own 22 investment properties. We are in negotiations to sell a chunk of land that has 15 units on it.The buyer "very m...
On a recent Bigger Pockets Podcast episode (link above) the guest discussed the idea of investing for equity and not cash flow. Unless I missed it throughout the episode, I do not recall them ever discussing how you c...
Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
Hi everyone - this is my first post. I've been hunting for a deal and I may have just found one. I need some advice because there may be ethical & "bleeding heart" flaws in my plan. Here it is:I'm a mortgage lo...
Change, change, change, everything will be different in the Obama administration….or will it?
Here are the appointments so far:
Transition Chief: John Podesta
Chief of Staff: Rahm Emanuel
Biden’s Chief of S...
Im hoping someone can give me some advise on this, I'm looking at buying a triplex and putting about 25% down and using a DSCR loan for the rest, has anyone that has used a DSCR loan have anything good or bad to say a...
Hi all, I’m in Columbus,Oh. We are in a high demand/low inventory housing market right now. House prices are at all time highs. I’ve always learned that buying when home prices are low/higher interest is better than ...
Hello BP. Somewhat of a newbie here and would definitely appreciate any insight.
My wife and I purchased a home in 2015 as our forever-home for $520K, current guestimated (zillow) at around $625K, with a balance of ...
Hi Everyone,I live in Ontario, Canada and my mother owns 50% equity the house we are currently living in (valued at ~$800k a couple years ago), and the other 50% is owned by extended family members. My mother is the o...
Mistake No. 1: Investing Emotionally
Instead of making a multifamily real estate investment based on balance sheets and merit, some investors make what I call an “emotional investment” in a property. Some investors s...