Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
So I live in the SF East Bay and have been looking to invest in a rental. I am too afraid to do out of state rentals. I have been looking at some homes for investment and it's expensive here.
I have been looking at...
Ross Kline
Is Losing Money Normal In the Beginning?
I've been analyzing deals for a couple weeks now. A mix of single-family, small multi-family, BRRRR, and even a 20-unit apartment.I'm a numbers guy, so I've done my research and believe I am using accurate numbers whe...
Chris Seveney
My Top 5 - 2024 Predictions in Mortgage Note / Lending Space
Every year I like to provide some predictions on what I think will occur in the upcoming year as it relates to seller financing, mortgage note investing and the like. So here are my predictions, feel free to offer up ...
Albert Ngo
Refinance or NOT ?!?!?!
Hi bigger pockets, I have 10 plus years of experience as a licensed plumber and have close relations to various trades which helps me greatly as I invest! I am a buy and hold inventor. My market is in the greater Bost...
Michael Ealy
BRRR Actual Deal - $2M profit or $15K/mo cashflow: with pictures!
Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
Account Closed
custom home- land at historical cost versus fair market value
I am evaluating a prospective build of a custom home.
My wife and I purchased a tear-down for a rather deep discount to the market value. It was an REO and both the bank and listing agent understated the GLA by aroun...
Stan Hrincevich
HOA Manager Licensing in Colorado
The HOA Manager licensing law goes into effect July 1.Expect little reform for HOA home owners.Property managers (PM) will be greeted with new fees, higher operating costs, and costly licensing requirements.This Law i...
Andy D.
Strategy question on cash-out refi for several properties
Hello BP world!Looking for some input on 2 aspects: let's assume I have 2 Condos held in my own name where I want to do a cash-out refi (conventional/conforming) to use that cash to buy more properties.Current cash fl...
Mark Monroe
Hard Cost for Land Development
What's a great way to figure out hard cost for residential land development, back of a napkin? I know each state will be different, is there also a good resource find out the difference cost per state?
Leo Don
How much was your closing cost?
Hello BP,I'm just curious to know how much was your closing for a property within the 200k to 250k range? I'm looking in the Connecticut market so I would really appreciate all the pros input. Thanks