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24 August 2024 | 9 replies
The retirement/financial independence equation he uses is a paid off primary home, 500k in liquid assets (usually retirement, cash, and after tax brokerage account), and more than 1 source of income (part time job, real estate, social security for those of that age, dividends, etc.).
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26 August 2024 | 73 replies
It was an 8 unit building and it was a total disaster for all of the other tenants loud music, crack, heroin, property damage mad orgies etc...Evictions of this kind take forever and the local PD wasn't much help so we had to hire off duty police officers to work 3rd shift security till we got her out of there.
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23 August 2024 | 22 replies
You can use an amortization table to figure out about how much is left on the original loan based on how long the DOT has secured the property.
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21 August 2024 | 8 replies
Despite obstacles like as vacancy and rent gaps, Houston's robust job market and low real estate costs make MTRs financially viable.Good luck!
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20 August 2024 | 7 replies
I’ve heard your concerns, and BiggerPockets is stepping up to provide stronger support and more robust education to empower passive investors.That’s why we’re creating PassivePockets.This isn’t just another platform; it’s our commitment to bringing transparency, education, and a true community to the world of passive real estate investing.To make this a reality, we knew we needed more than just an idea—we needed a partner with deep expertise.
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22 August 2024 | 4 replies
Most 100% lenders will lend at 100% UP TO 70% ARV, which is tough to secure.
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20 August 2024 | 5 replies
It doesn't need to be some robust CRM that can do all sorts of things.
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22 August 2024 | 2 replies
Any advice on how I go about securing financing for less than $100k?
22 August 2024 | 6 replies
You typically don't want to do any renovations before the 2 years is up...just basic safety and securing the property.#4.
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22 August 2024 | 7 replies
She only received social security income, no other income.1.