Account Closed
Solving the negative cash flow issue with LA rentals
So you are told its impossible to cash flow in LA. Actually you can, it just requires slightly more cash down. You can also try lowering expenses, although that might barely make a difference.If data from Zillow is co...
Jon S.
I think I made a mistake today and am not sure how to handle it
I am just finishing renovation of a triplex near a college and am beginning to list it and take tenant applications. College students are the most obvious market. Two college students looked at it today, and decided t...
Justin Thompson
Ways to Improve the Hard Money Industry
(Didn't get much traction on this in the Marketplace, so I thought I'd move it over to the forum!)
Hi all,
This is going out to all real estate investors who have utilized Hard Money in their deals.
In what way ca...
Donald Lanzer
Are properly managers worth the expense?
I'm considering using a property manager for my first RE investment. I understand there are different circumstances that can determine if this is a good decision or not but I was wanting to hear some of your opinions ...
Ramon Pena Alvarado
Expenses of MH parks
Im seeing a few deals here and there in the mobile home arena. Im curious about the expenses attached to mobile home parks.
In multi-family its safe to say that 50% is a good number, but Ive been seeing 30-40 % expen...
Elliot Criss
First Deal, Duplex in Charlotte North Carolina
Hello Bigger Pockets Community,My name is Elliot Criss and I am new to the BP forums. I have watched numerous podcasts, read numerous blog posts, and attended a few of Brandon's webinars. The last webinar was on deal ...
Jason O.
cost of putting a property on contract
Is there a cost to from me (the wholesaler) to put a property under contract?
If there isn't any, how is that so?
Cole Melcher
Passive Income-to-Equity Ratio
After re-reading Rich Dad's Cashflow Quadrant, I have a renewed focus of increasing our passive income from our investments. Up to this point, my main focus has been on increasing our net worth. Right now we are gener...
Tyler Hallman
Cap Rate.. based on previous owners purchase
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
Patrick Boutin
what is a reasonable RE commission discount and how to approach
I keep reading these posts where people recommend that one requests RE agents to offer a commission discount..How much would you recommend would be reasonable without insulting an agent? From a newbie's perspective, w...