24 April 2013 | 7 replies
Brian BurkeAre my assumptions correct in that in order to successfully use the 80% rule you have to:1) Be doing more volume, accept smaller profit margins2) Buy materials in bulk for bigger discounts3) Continuously roll crews to new projects therefore justifying a greater discount in labor4) Find an agent willing to accept less of a cut (< 3%) in order to have the rights to all your listings 5) ???
29 December 2021 | 39 replies
The information you provided is going to help my partner and I tremendously in formulating the next step on this deal.
22 February 2012 | 12 replies
I know in my state of Utah I receive approximately a 50% discount on my property taxes on my own personal residence.I've also found in insurance normally to be less expensive on a rental property because it is simply a landlord policy which is less expensive than a homeowners policy since it covers less items.
26 May 2012 | 12 replies
I'll be honest. Up until this week, BP has been a great resource, but it has not lead to a lot of direct deals. Two, in fact. Neither of which were for me, but for my father's retirement. Those were good deals, an...
10 June 2012 | 28 replies
Today, nearly 30% of our monthly leads can come from Bigger Pockets and that is a tremendous improvement over other online ads such as PPC ads and Facebook.
13 December 2016 | 23 replies
No premiums or discounts involved.
4 March 2014 | 7 replies
The amount will be discounted to account for taxes and penalties you would have to pay to actually get the money, though.
25 April 2012 | 46 replies
I don't think the Fed has to do anything for the rates to rise...but I could be wrong ;-) The bond markets and virtually any other fixed income market supposedly value debt based on:Risk-free rate + risk premium = Rate chargedInflation expectations supposedly get priced into the risk premium regardless of whether or not the Fed jacks around with the discount rate.Interest rates for real estate are tied to MBS and CMBS pricing to a large extent given that Fannie and Freddie buy most of the mortgages in the secondary market.
26 July 2010 | 5 replies
The house needs lots of work and we'll need to get a nice discount to buy and rehab... we'll see how it goes.