In the infancy of this new wave of Airbnb, say 5 years ago, there was a lot of money to be had, which draws in a lot of investors, which starts to suppress the revenues and also draws attention from critics, which leads to taxation and regulation.

If not, understand the risk of taking equity to generate more equity based off your ROI.

Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.

As a powerful organization, I would like to see Bigger Pockets become a leader in not simply educating real estate investors but leading the way in warning investors about the real estate guru pitfalls.  

It’s fantastic that you’re diving into real estate investing.. especially multifamily properties, which can be a powerful way to build wealth and generate consistent cash flow.

You can learn to do this independently or get a rockstar REALTOR to lead the way.

Are you still generating positive wealth when you count equity paydown by the tenants? 

History: At one time (when I first began marketing for LPO leads for a fellow investor) the Free Ad Sites were the place to go to find motivated sellers.

Investment Info:

Mobile home note investment investment.

Purchase price: $64,250

Cash invested: $12,000

Sale price: $175,000

We purchased this mortgage note and ended up foreclosing on the proper...

You can learn to do this independently or get a rockstar REALTOR to lead the way.