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28 October 2024 | 10 replies
I get all my money back (usually) and I still make an easy $300-400 off the top as the mortgage payments are so low and rents are so high.
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25 October 2024 | 17 replies
It found the five most landlord-friendly states to be:West VirginiaArkansasLouisianaNorth CarolinaAlabamaAlabama residents enjoy a low cost of living and a thriving economy.
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25 October 2024 | 1 reply
These events are great places to meet people who are serious about real estate investing and might be interested in partnering up.When you do find someone you think you can work with, start with small, low-risk deals to build trust and see how the partnership works out.Also, take some time to educate yourself more on wholesaling through the resources available on BiggerPockets, such as articles, podcasts, and forums.
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25 October 2024 | 26 replies
Even if it was a low performer (which it isn't), isn't it part of the game to reimagine, see the potential and make it a success?
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25 October 2024 | 2 replies
This stability made it possible to pull out capital and keep reinvesting.However, the landscape started to shift drastically around 2020-2022, when interest rates plummeted to historic lows.
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25 October 2024 | 23 replies
@Minji KimRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which is VERY important for stable rental income and low property maintenance/damage.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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25 October 2024 | 10 replies
Wholesaling can be a legitimate way to start real estate investing, offering low capital requirements and quick returns.
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25 October 2024 | 1 reply
All original tenants were long term low rent tenants.