An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
Investor Jim Rogers said "I would not be buying U.S. Real Estate" in a podcast two days ago. He then adds "The Chinese rush to buy U.S. Real Estate is probably a sign of a top in that market." Jim Rogers is a respecte...
Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
Hey BP, I'm in the market to buy my first multifamily house hack within the next few months. I got pre-approved for $300k but I'm having a lot of trouble finding properties. Nothing on-market makes sense as expected. ...
I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield. So... I am co...
BiggerPockets Family, I want to share with you all a quadplex deal I closed back earlier this year in East Los Angeles.About the Deal:Property was listed on the MLS for $615k. Each Unit was 700Sqft with 1 bed/bath. Th...
Hello Everyone, My name is Mike and i have been reader on the site off and on for about a year. i am inthe process of finishing a rehab on a property that I will be renting out. It is my first rental property and was ...
Hey Everyone!I am actually taking one of my first real estate classes in college and every weekend we have to read multiple articles and comment on it. After several weeks of reading I found that houses prices are dec...
Folks - I am a beginner real estate investor in NJ and one of my subject properties is a foreclosure. I used Frank Gallinelli's book What Every Real Estate Investor Needs to know about Cash flow on one of my subject p...
Hello, I'm trying to buy my first home to live in and the market is pretty hot right now in Newark. I was interested in a particular property, but I don't think its worth the cost of what they are selling it for aft...