I was all set to make an offer on a 8 unit(4 modular duplexes) last Monday 'til I found out there was a sex offender in one of the units Sunday night. I looked up his court case and found out it was for 4-5 years of ...
Ok, so I was scanning Craigslist and came across an ad that basically went like this.
"Are you an out of town investor? Want to buy property but don't want to jump on a plane in order to see it? Let me help you! For ...
Hello All,My friend and I are just starting out in the business. He has spent the last year within the Rich Dad consulting program. Would you recommend Fortune Builders over Rich Dad or vise versa?Would you recommen...
I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
I keep hearing all this crap... So will I or Will I not be able to do lease options and subject 2s with the DOD frank laws changing?
Hi BP Community,I notice this question has been asked a couple of times before with no response but I'm hoping since then, new members have joined BP that may have experience in this area. I have a seller who wants t...
We've all seen the fear mongering that's being pushed by a lot of media outlets and influences. My question is are their thoughts justified in the current housing market. Due to Bigger Pockets being very diverse one w...
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Hi BP,I am looking at a couple beach house properties that looks really good on AirDNA however, AirDNA gave me the following analysis:Beach House Property:Annual Revenue - 121.6KOccupancy Rate - 88%Cap Rate - 29.51%...
I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...