Easton Hill
To build or to buy - my STR questions?
TLDR: I'm considering the decision whether to build an STR or to acquire a pre-existing property and convert it into an STR. Any thoughts are helpful. I'm considering two options for my first STR that I will own (I al...
Luke Kwon
If u can start REI in any community in the US, where would it be?
Hello everyone! This would be my first question-post.I am 24 with a philosophy degree at the University of Illinois. My parents live in South Korea and I am the only U.S. citizen in my family. I would like to start Re...
Noel Alpert
kathy fettke real wealth network
Has anyone used the "real wealth network" to buy any properties? I have listened to a few of her podcast and it sound pretty good. Has anyone had any dealing with her? and if so can you let me know. Thank you in ad...
Danielle Du Plooy
Florida STR regulations
Hello,I am thinking of purchasing a property to use as a short term rental in Florida. Can anyone provide me with popular destinations that are STR friendly?Thank you!Danielle
Taylor Herman
How to Value Land + Teardown SFR
Hello BP,I recently came across some derelict properties in the Delridge neighborhood of Seattle and was able to (with the help of the owner of a nearby shop) track down the owner, who said that they were actually sel...
Alberto Nikodimov
Top 10 RE books and examples of how they've helped me!
Hey Everyone, I decided to create this post because I believe this could be extremely useful for new investors! Experienced investors can also revisit some of the classics or find some newer books and books you wouldn...
Scott Kennedy
How to approach Mr Banker that controls forclosure.
I'm a newbie at 39 and I would appreciate any help with my situation . I have traced a vacant house (been vacant for at least two years) back to an out of state Bank in Oklahoma. I want to call them ASAP and was hop...
Matt H
The value of doing your first deal....
I just sent this letter to a guy who was just starting out and wanted some advice.......
Hello,
There is one thing I'll teach you that will make you filthy rich beyond your wildest dreams. It's the thing that all RE...
Account Closed
Cash flow strategy, education, funding and 1031 exchange
Hi all,First I'm a newbie to Bigger Pockets so this is also a quick introduction. I'm based in San Francisco and have been investing in real estate part time over the past five years, having purchased in total three o...
Blake Ramsey
Trying to understand the numbers
So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...