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How much cashflow is the bare min for a deal to be worth it?
Hi all,
I was wondering if there is any generic formula you plug in your investments to see whether they are worth the return? I am assuming you would compare everything to a risk-free type investment like a CD or Sa...
Will Stahl
Dangerous to wholesale in an LLC
Hey everyone,I'm starting a wholesaling business In New York and just formed an LLC. I've been doing some research regarding the legality of it and I'm a bit concerned. A lot of the forums I read seem to deal with thi...
Jason James
An Offer Without Inspection Contingency.. This can't be normal!
I'm in a fairly hot Multifamily market in Northern California. My agent and i just made really strong offer, over asking price with a 30 day close. We were beat out by the same offer, without a inspection contingency...
Kai Van Leuven
Cashflow: BP most MISUNDERSTOOD term
I read too many posts from investors about "cashflow per door" or "that house does not have a positive cashflow", ect. I feel like the prevailing thought is that it is about "cashflow", singular, when real estate inve...
Gil Cortes
Detroit??? Has anyone been purchasing there? Why, Why not?
Hi Everyone,Just Curious is anyone picking up property in Detroit? if so why? if not why?
Karen Margrave
BEWARE WHEN SHOWING PROPERTY!! ARKANSAS AGENT MISSING!
This is mostly for the women on BP, but, it is wise for men too. There's an Arkansas Realtor that went to show a property and hasn't been heard from since. Missing RealtorAs an agent over the years I have heard these ...
Benjamin Riehle
Can Millennials Achieve the American Dream?
My dream when I went off to college was to live for free, and achieve the American Dream of owning my own home. In 2007, I bought my first house in Tucson, AZ. I rented out three of the rooms and at 18 years old I was...
Venkat S.
Memphis Turnkey Out Of State investor Nightmare experience
As an out of state investor I chose Buy Memphis Now company over others for my first turnkey rental property purchase and I am now repenting my decision. They sold to me a property that are having break-ins from Day 1...
Jeff G.
Proposed Rent Increase Limit of 5%/Yr Nationally?! Seriously?
Apparently the White House is pushing for national rent control. Landlords with 50 units or more would be limited to a maximum of 5% annual rent increases. The linked "fact sheet" is, well, oddly light on facts. For s...
Kelly Sennholz
Where will Californians Live??
A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...