Our Cash on Cash return was lower than an Ally High Yield Savings account!  

Going in and changing all the billing for each individual labor line in the back end gets exhausting. 

For residential loans, it is very uncommon to be asked to pay a commitment fee or fees upfront other than an appraisal or credit check fees. 

Keep in mind, that a transaction can take 3-6 months on average to get to the closing table.We have a personalized onboarding experience where we strategize with our agents in the beginning and throughout the experience to ensure they are exhausting their resources on the BiggerPockets platform.

Redfin Agents charge low commission and do more to market a property than an average listing agent.

It can be an exhausting process, but a necessary one.

Ideally your agent is well-connected with flippers, landlords, or is an investor themselves.Some mistakes to avoid (not an exhaustive list by any means): Underestimating rehab costs, buying in rougher areas because the numbers look good on paper, not understanding (or ignoring) point of sale stipulations in cities that require them.If you want a second set of eyes on a deal or just want to talk strategy, feel free to shoot me a message.

Many people’s “gut” instinct actually leads to better decisions than an analysis where future value/price is a guess.  

@Jacob Bremer The actual interest rate would depend on your credit score and collateral pledged (if any), but the interest rates should be lower than an HML.

Your umbrella policy sits on top of these individual policies and extends coverage once their liability limits are exhausted.