Account Closed
LA Flippers: What is your expected return of interest per deal?
Good afternoon everyone,I would like to know on average, what is your expected ROI for a Fix and Flip in the Los Angeles County?I know every city is different, and it depends on the project... But in average, what num...
Robert Harris
New investor with 500k
I am new to the real estate game and just don’t know where to start. Any information would be greatly appreciated.
Hunter Gibson
Morby Mothod/ Seller Finance
Morby Method-I found a duplex that the seller is willing to do the morby method with me. <> Where you get the bank to lend you 70% and the seller gives you the 30% as a 2nd so you do not come out of pocket Does ...
Stephanie Cabral
LESSONS LEARNED FROM MY 3RD BRRR.
I invest in central Connecticut where the market is fairly saturated with other investors and taxes are extremely high so we have some obstacles to overcome. That being said, I just refinanced a property, completing ...
Antonio Palumbo
Cash flow negative but making a profit. I think?
This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
Steve Sidie
How to get out of a HM loan where you owe more than what could the property sell for?
Hello BP Community, I have a quick question and would like to get views from other people. I have a property that I purchased with HM loan a couple years ago that needed rehab. My strategy was to BRRRR however it has ...
Jannah M.
Advice for a novice Oakland real estate investor?
Hi everyone! I'm new here to the Bigger Pockets forum. (In fact, this is my first post!) I'm really interested to see what expert advice I can obtain from the many real estate investors here.I have been fortunate i...
Maxwell Milholland
Is a negative cash flow property NOT an asset?
Hello Bigger Pockets community!
I've read enough books at this point to have a pretty basic grasp on the fundamentals of real estate. One principle that comes up time and time again is cash flow. There seems to be a c...
Matthew Wiltse
Best Ways to Invest in RE When Living in NYC
Hi BP community!I am a 24 year old living and working in NYC. This past winter (Feb 2017) I got the Real Estate bug by stumbling upon Clayton Morris's podcast. I listened to episodes 1-100 in a matter of months. I ...
Mark Beekman
Operating Expenses Estimate Too High?
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...