I was talking with my boss recently about our mortgages, and I wanted to see if anyone else has done this.I just bought my personal residence and have a 30 year loan for $322k at 4.65%. He suggested that I get an int...
Hi All, First time poster and rookie in the real estate investing game. My friend and I are partnering up to start building a real estate portfolio in the Massachusetts area. Our strategy is to start out by buying sev...
I am using the method from the Rich Dad Poor Dad book the ABC's of real estate investing, for figuring out offer prices. The equations are pretty simple: Income= income-vacancy. NOI=income-expenses.Cap rate = NOI / co...
I already have a job and I am saving as much money as I can from it. I listen to both BiggerPocket Podcasts during one of my jobs (im an electrician doing plugs and switches) I am also trying to have a rental game bus...
I'm past the biggest hurdle to getting started: Belief.The second hurdle, I understand is taking action, which I'm past. Speaking to Mortgage specialist, Real Estate agent on board, and lining up accounting even bef...
Ok ok - rookie mistake. An agent I know (who is also my property manager for a SFH) sent me a wholesale deal I hadn't seen. He walked the property with me, gave me some tips, and did the sales and rent comps. I never ...
Recently had a property management decide they did not want to manage my property anymore after just 6 months. Looking to get a reason for the sudden end but means I now need a new manager. Anyone out there have some ...
Hello BP community! I recently purchased my first sfr through roofstock and the process has been very smooth running so far. I close next Thursday on a cash flowing property. My goal on the first property is to buy a...
As a General Contractor I know I can build tons of equity into any home, duplex, or multi family that I build. I have too many examples to list. We used to call this “sweat equity”. However, banks these days hate that...
I have land under agreement in Tampa, Florida. Hoping to develop and sell two Single Family houses for a good return. Have a good builder who I have used on a previous project, should be a little over a year after clo...