19 November 2018 | 4 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
18 September 2018 | 7 replies
I don't want to demotivate you but instead of low balling offers especially in a sellers market, try to do your numbers properly using either the BP calculator or other calculators out there.
10 August 2018 | 7 replies
By then, if you’ve done it right your cash flow and equity should be good enough to make the jump to Montana.Option 2: owner occupy a single family or condo (all of these options , including multi family) can usually be done with a low down payment FHA loan which also allows gift funds if you need and can get help From a family member) — depending on where you are in the Seattle area, your appreciation might be strong enough in a couple of years to borrow against (or sell) and begin stretching out a bit.Then it’s all about finding an excellent property manager in MT, and if you can’t find one where you want, look somewhere else!
6 August 2018 | 2 replies
But that the beautiful thing about RE, there are so many avenues I can choose.
13 August 2018 | 8 replies
I had a deal in front of me and need help determining if this is a good value....It is a low cost low income building.I have a break down of all the numbers but I’ll just throw out the basicsGross rent is $234,000 on an upward trend producing closer to $22,000 a month last 4 months, seller has been clearly cleaning things up a little before sellingThe balance sheet that they gave me shows $98,000 NOI but they do not have property taxes listed and makes me wonder what else that they left out..But either way that should still keep the NOI above $90,000The asking price is $800,000Looking for advise from some experienced investors Thank you
14 August 2018 | 6 replies
A lot is opinion based, but the data should point to a strengthening market, with low new construction deliveries.
9 August 2018 | 4 replies
Should I choose resident or commercial?
27 August 2018 | 11 replies
I've been buying in Northern New Jersey and have never gotten anything that low, unless is a run down property that will need significant rehab to get going.
26 November 2018 | 3 replies
Of course how you approach real estate and how you choose to invest is up to you but you have a great resource here.
12 August 2018 | 2 replies
Is the $500 per unit too low?