Bob Faulis
$150MM mixed use under way after being broken 20 years, $10MM away
Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there. Well, .. . . was almost there. ...
William S.
How to grow when rental costs $60k each time
I’m in a market where I can buy a fixer for $85k or so but needs anywhere from $35k-$50k in rehab. Basically I’m all in for $60k...$60k = $450/m cash flow (Mortgage, Taxes, Insurance, PM) * I know there’s maintenance ...
Jim Basar
Property Taxes Spike
Hi All, First time posting to BiggerPockets. I own a single family primary residence and a rental property, both in Cleveland, OH. One in Tremont, the other in Ohio City. I've noticed that going into 2023 my propert...
Iliya Muzychuk
Sweat equity valuation for permitting and remodeling a commercial building - Help
Hi, As an architect, I was approached by the building owner to help increase the value of their building and create a cash flow. The current value is 500k (the Owner has 400k ballon in 18 months), and with 150k remode...
Bryan Harvey
new construction for short term rentals - Airbnb
Hey folks, I'm interested in opinions - pros/cons on this strategy of new construction for STR income. I am in my DD period with a contract on the lot for $89k. Here's my projected numbers on the deal: My income/expe...
Claude Vargas
How to retire off Cash Flow
Hey BiggerPockets! I just joined the group yesterday after looking into real estate investing for the past 8 months. My goal is to eventually earn $10k-$12k per month off cash flow, and have been trying to find my fir...
James W.
Auction of property with Multiple Loans?
Quick question - if the property in auction has lets say three mortgages open - and only one plaintiff is running in the auction - what happens to the other two loans?1 - Does the plaintiff add up three total loans - ...
Michael Smith
The Ultimate Guide to Using Conventional Mortgages to Expand Your Portfolio
Perhaps I'm being overly ambitious by taking a leaf out of @Brandon Turner 's book and throwing "The Ultimate Guide" in the title, but my goal is to create a comprehensive point of reference for investors looking to u...
Jay Helms
Contribute to 401K or Not?
Afternoon BP Community. Listening to several podcasts and reading many blog articles, there is a constant debate on whether someone should contribute to a 401K or take those contributions and direct them to RE. Unless...
Bryan Malone
Advice for a newbie to real estate investing
Hi All,My name is Bryan and I am new to real estate investing in the Memphis, TN area. I have long wanted to pursue real estate and my wife and I recently decided to take the plunge. I'm looking to start off part time...