I was just asked why $1M in assets is better than $1M in savings. I believe $1M in assets is truly worth more, but I honestly don’t know why. Can someone please explain?
Hey people, I'm just a newbie and was looking around Loopnet.com and saw many properties (selling for 7-8 figures) with crazy cap rates like 7-10% which means 15-30% cash on cash return. Am I missing something? Soun...
Hello, I am new on BiggerPockets and excited to get your feedback.
I finishing my basement to one bath, one bed, and a living room with kitchenette, that leads into a deck and shares my mountain view.
I am sure I ca...
Hello Folks, I’ve been listening to the BP podcast for about a year and ploughing through the archives. I had a rental property years ago but sold it when kids were young and I didn’t want to deal with it. I’m older a...
Hi All!
I've been away from BP for a few years, having been a paid member in the past, but now I'm considering jumping back in. I am a carpentry contractor & project manager with 4 decades experience in resident...
I want to get started into Wholesailing but need some help. I’m in the Houston area. What are some books or advice that you would recommend for me to get started. I’m a complete beginner, but willing to learn a lot on...
Hello all, I've read and also heard on a few podcasts that some investors actually got started in the business by accident. Their primary residence appreciated and they cashed out via refi or by selling and used t...
Hello,It was recommended to me that I ask for assistance in analyzing a deal in this forum. So here are the details of my deal.Multifamily Property - The property consists of 33 units in 3 buildings. Price: $350,000Pr...
Just wanted to share with the BP community a couple of tips that came into great use while screening a perspective tenant:
1. If available online, check with the county assessor who actually owns the property...
I own 3 student rental properties in a city in Michigan that closely regulates rental properties. All single family houses are licensed for one family or a specific number of unrelated individuals. For example, 2 of...