Kimi Ho
Sell investment property to buy multi-unit split use (rent/prim)
Hello,We are currently in the process of selling an investment rental property for $200k (in escrow) and purchase a split use property for $1 mln (also in escrow). The property will serve as a split use as it has 2 en...
Lupe Rodriguez
Hi, I’m hungry, what’s your name?
34 year old that’s been lots of places and done lots of things. I’ve lived in Korea twice for a total of almost six years, taught English as a Second Language, served in the Marines as a Supply Administration Clerk, a...
Bud Evans
First multi-family property bought!!
Ok, I don't want this to be long so here it goes. Ask was 196k, offered 174k, purchased for 179k. 3 tenants already in, one moving out, one changing apartments - downsizing. Plan - close in September, renovate the ...
John Lee
What direction should I go in Real Estate? Help.
Hello,
Last year I got my real estate license wanting to leave my job that I’ve been in for 4 years and get into real estate as an agent. The more though I heard people’s concerns about becoming a real estate agent I...
Scott Miller
My Ads For Attracting Private Investor Funding
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David Duval
Would you write "cash" or "financed"?
I have the cash to purchase most of the properties that I want to make offers on and I also have a preapproval letter from a reputable known HML that says that I have more than enough cash for their required down paym...
Greg P.
Question about single deal partnerships?
Hello, I am wondering if there is a contract or way to partner on a single deal. I have a deal "tied" up to purchase with my company name, but I have someone who is also interested in partnering. How do I go about d...
Thurman Kennedy
Newbie currently in Hawaii, soon to be in San Antonio
Aloha Bigger Pockets!My name is Thurman (TJ) Kennedy and I'm an active duty Soldier currently stationed in Hawaii. I will be retiring from the Army in a few months and will be moving to San Antonio, TX. I am completel...
David Hodge
How do YOU calculate COC?
The calculation for CAP rate is clearly defined so everyone should be calculating it the same way. There are obvious benefits to having a uniform calculation. On the other hand, Cash on Cash Return seems to be calcu...
James Canavan
Cap rate
Looking to buy my first rental property. I have an opportunity to get into a home that is currently renting for 950 per month. I figured that the cap rate would be 3%. Would this be a decent buy as a newbie investment...