I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
Hi, I just listed my first home in Fort Collins for rent. Is having a one-time $300 non refundable pet fee sound like the norm in town? Do you vary the fee depending on how many dogs they have? Also, is it the norm...
Hi everyone, has anyone recently taken advantage of the new ADU/DADU regulation in Seattle? Any reflection/thoughts on it? Thanks in advance for any feedback.
Just curious if anyone here uses the Infinite Banking concept as a vehicle for holding and using cash for your deals and if so how it has worked for you? Any and all comments from folks who use the concept are apprec...
Over the years I’ve seen many questions here on BiggerPockets forum related to various aspects of using self-directed Solo 401k real estate investing. But the challenge is that those questions are spread out across pr...
Hello BP, Getting into Multi-Family and have a few questions that have stumped Google :)Perhaps, I'm asking the questions in the wrong way however I cannot find a clear answer. Any help from the experienced multi-fami...
Dear All,My name is David, I'm a 30 year old living in Queens NY. Late this spring I read Rich Dad Poor Dad, which eventually led to me discovering this incredible website full of brilliant people. Since then, I've do...
In no particular order, I thought I would share a list I am currently doing on REC and related sites for my own research knowledge. For the record, I am in no way affiliated with any of these sites nor have I investe...
BP Community, Do any agents in CA receive a % of an assignment fee from wholesalers for finding properties, and if so, how do you have it written in the/a contract? Are you also a buyer on the contract?As an agent, I...
Hello, first time poster and would appreciate some feedback on a few areas of concern as I look to expand my buy and hold portfolio. I currently own 2 multi family properties in Portland (ME). The first started as a ...