I am looking to buy distressed multifamily deals all cash. My method of finding these deals are mailers and MLS. However, i do not know what a common cap rate or cash-on-cash return is for off market deals. I am looki...
Is it wise to take a HELOC on my primary home to for the downpayment for a short term rental property? I would have the HELOC as well as mortgage to pay. What are the pros and cons to this approach?The HELOC would be ...
Hello my friends,
I recently came across a BiggerPockets podcast about Cashflow vs. Appreciation, and this quote by David Greene really stood out:
"Everyone I have ever talked to has always said: Location, Location,...
Hello all,
I am new real estate investor that has yet to purchase his first property. Due to a very high entry level in my home state (Long Island, New York), I have turned to look at out of state markets, particularl...
I am new to the real estate investing space and was wondering how do you go about researching the best areas to purchase properties? Also if you have any areas you recommend and why I appreciate that. Thanks in advance!
A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
Some background info. My girlfriend and I are both 26/27. I make ~$250k / year in sales while she makes ~$100k / year as a product manager. I only see these incomes rising over time. We live in a rather expensive city...
Greetings all!
Hoping to get some insight from you real estate gurus! My long time tenant is moving out because they bought a home, so I am faced with the decision whether to keep the property and continue as a rent...
Just under a month ago, I closed on a 4plex in (East) Oakland, CA in the San Francisco Bay Area. It was a HomePath property that had been on the market for just over 6 months, and was able to squeeze in with a convent...
Looking for anyone who has worked with or researched working with ProVision in the Wealth Building Program (Tom Wheelwright-Rich Dad, Poor Dad CPA). It's a big financial commitment and would love input before moving f...