Hi All! I tried searching the forums for this but didn't anything out there. Are there any good accountants in Chicago that service real estate investors? I just purchased my first multi unit and want to make sure I'v...
Advertising dollars are always scrutinized and tweaked to optimize performance of money in / money out. For those real estate professionals that are still not embracing the power of BiggerPockets, I ask you why not?!...
I was recently on a phone conversation with a fix and flip investor who was giving me advise on rehab costs. I explained that a particular house I was thinking of walking away from was not a good deal because it was t...
[NOTE: Since this episode was recorded, some events have changed. We have updated the intro to the episode and the lead-in to our conversation with Jeff Watson to reflect those developments]
Inflation is big, scary...
I have found a fix and flip lender online that will provide 100% financing for a property and then provide 90% of the rehab costs. What I would like to do is get the property financed 100% by the lender, don't do any...
We just made an offer on a 20 unit MHP. 100% occupied, 10 units are Park Owned. Broker said our offer didn’t have a shot with the owners and wouldn’t present it. We offered 440-460k plus market value of the park ...
There is a lot of speculation in the market that investors should not buy real estate during a bear market or high inflation period. But the fact is, in the long term, if you own property then your money has a constan...
Real estate investors, along with the rest of the world, are experiencing an inflationary environment. Even investors with a diversified portfolio are looking for more ways to create an inflation hedge.
You're feelin...
BP,
How would you recommend putting together a fair offer? Check out the below example:Value = NOI / Cap Rate2019Value = $35,350/ 8.40%Value - $35,350/ 0.0840Value = $420,833.33Is this a correct way to analyze the ...
I just wanted to share a book that I read recently called The Psychology of Money. One quote that really stood out for me was that money’s intrinsic value is it’s ability to give you control over your time. Most peop...