Hi,I've been looking at some multifamily deals on market recently. I understand that cap rate is a good way to determine if its a good deal. My question is if the investor was looking to buy out the current tenants, d...
Looking for feedback on my strategy. My thoughts are I can get better deals with a cash offer on or off market. To that end, I can access $280,000 on a HELOC at 6.75%, and have other funds available to make a total...
What follows is how I've signed every credit partner that I've sat down with, to terms that very few would believe: they receive 2% of whatever I borrow, no split of profits; and they're happy. If you read my bio you ...
So the seller was recently divorced from her husband and their house was left to the wife. She says she doesn’t know what to do with the house and that she owes a significant amount on the house. But she is willing to...
Hi everyone,
I'm seeking guidance on navigating the world of real estate investing, particularly in the context of tax optimization. Currently, I find myself in the 37% tax bracket due to W2 income and I'm eager to...
Hello bigger pockets community! I am so excited about kicking off my new venture as a real estate investor. My focus right now is trying to obtain a wholesale property. I have looked for properties on auction sites an...
Okay BP here is my first question:I am in the US Army and live in Oregon, I am from a small town in Georgia where my Mother and other family members are living. I am really wanting to buy the house that my Mother has ...
I have a cousin who self manages several Airbnbs but he doesn’t have much free time and several clients trying to decide how to use their multi family properties. STRs do well here in Alaska, but that’s also when we w...
What happens when you want to assign a contract to a buyer/investor who will be buying the house in different terms than the ones you agreed to the seller with?
For instance: If I get a house under contract for 100K ...
I have an uncle that has owned 6 trailer parks (over 100 trailers) for 16 years. Average profit on a trailer park is between 10-15 percent . My uncle has done 84 percent for the last 14 consecutive years (these number...