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Hello all!Typically when I am analyzing STR deals my most efficient way to find out if a property will cash flow well or not I use the 15% rule. This is where the revenue for the property needs to be 15% or more of th...
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Got an "encouraging" email today from my boss at work that I've been making too many personal calls. Of course, these are for working real-estate deals. Usually, I'm pretty subtle, and when I have to be more specific,...
Hello BiggerPockets, I have been on the fence about sharing my “First REI Success Story” as I’m not one for the limelight, but I felt it was important to celebrate small victories and perhaps my small success will mo...
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I recently purchased a property in Portland, OR which was relatively cheap for the area. The plan is to build value by having it be a rental for a few years while we are out of the state but to move there in the next...
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Hello, today I was offered a piece of land where the house blew up and only the foundation is left. The ARV is $170-180 in the neighborhood. I'm able to pick this up at $7,000. How much does it typically cost to bu...
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Mortgage fraud conspirators who contributed to the real estate crisis of 2008 are still standing in line for punishment. Six real estate and mortgage professionals in New York are facing charges that could put them aw...
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In my city there is a historic 70 unit apartment that’s famous for its design and mid century modern architectural style. It’s a solid concrete building but windows are busted out and trees are grown up all around it ...
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HiI am in the midst of a rehab in Sacramento. The goal is to fix the place up and sell it. The work includes electrical update, plumbing, new kitchen, new bath, removal of one interior wall and addition of another int...
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Wonderful news for those looking to cashout refinance a property seasoned in majority owned LLC.I have owned a property in a single member LLC for over 1.5 years. When I went to refinance I was told the seasoning whil...
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Hey Guys,I have a 1,145 sqft 2bedroom, 1bath property that I put under contract to wholesale in Sandston,VA. I have been marketing this property and recently found a buyer who is very interested. He is a contractor an...