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I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
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Every January, we release our outlook on what we believe is likely to happen in the coming year. This year is difficult because so many things are happening simultaneously worldwide.
I started this outlook in our Dec...
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Hello everyone! My name is Kerry Smith, and I am a beginner real estate investor. First, let me say thank you to the Bigger Pockets community! Just in the few days that I have been a member of the site, I have a...
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Hey everyone! I'm curious on your thoughts as investors. As someone working in different syndications I'm curious what, if any, your reasons are if you have NOT done a syndication?As I'm learning every day, I want to ...
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I just listened to the podcast and heard that he is leaving. I’m sad to see him go. He is the face of BiggerPockets and published the BiggerPockets book that sold the most copies (The Book On Real Estate Investing). H...
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I am looking to buy 3-5 multi family properties with a 10-12 year plan. I will be out of town most of the time and was thinking more along an A class property in a good area with 50% financing. I am very busy runni...
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Curious on your opinion on short term rentals versus mid-term rentals? While short term rentals typically provide higher cash flow, mid term rentals help to provide stability. What type of rental do you prefer and why?
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Aloha everyone,We have a couple STRs here in Maui. I've been working on a website where I'd like to be able to offer booking directly, instead of sending someone to Airbnb, VRBO, etc. We are using Wordpress (DIVI) to...
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Hello BP!I’ve been learning from BP for a couple of years. Now, I’m looking to get actively involved and grow my association with other members. Thank you to all who contribute. The knowledge shared on this site is in...
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Hello My BP friends. I have a situation. I'm getting into the hotel investing scene and have a situation. I'm planning on building a franchised hotel in my market location and already have many of my "ducks" in a r...