Johnny Self
What would you do? Pay house off or buy another?
25 July 2024 | 4 replies
I haven't set specific targets beyond this initial goal, but I may aim to increase my passive income to $5,000 or $10,000 per month in the future.Current PropertiesI currently have two properties:The Loft:This property is rented out long-term and generates around $300 per month in passive income after HOA and management fees.The loft has approximately $100,000 in equity.The House:This is a brand-new build (2024) that I'm currently occupying through house hacking.I invested $70,000 in the property, which means I have $70,000 in equity.My plan is to convert this property into an Airbnb or long-term rental within the next two years.Short-term rental comps suggest I can earn around $3,500-$4,000 per month, while long-term rental comps indicate I can earn around $3,000-$3,300 per month.Seeking AdviceGiven my upcoming financial situation, I'm seeking advice on the best course of action.
Vonetta Booker
Self-managing a property long-distance - any suggestions?
28 July 2024 | 25 replies
I have had years to think about this having owned a nice slug of A class IE brand new construction in the best school district in the state. and over 300 C and D class with a sprinkling of B class.from Jackson MS to Detroit and many cities in between and on both coasts...
Christian Orellana
Triple N Leases Investment
24 July 2024 | 8 replies
Established brands will generally have the nod over mom/pop as noted.
Andres Mata
01/2024 - Thoughts on Syndications / Investment Clubs
26 July 2024 | 49 replies
Nothing, again, will happen to the management aside from re-branding their company name; maybe.
Robert Thompson
RE Investment Strategy
24 July 2024 | 1 reply
Flipping is extremely difficult right now for folks who are brand new.
Shelby Scarborough
Hello BiggerPockets! New PRO here
23 July 2024 | 16 replies
I'm Shelby from Pensacola, FL, brand new in real estate investing with only one rental property currently.
David Ptak
General Partner on Motel Investment has gone silent!!!
23 July 2024 | 17 replies
I participated in an investment in a motel property under the Brand "Extend-a-Suites" in El Paso, TX.
Charlie Cole
Brand New to Real Estate Investing
22 July 2024 | 4 replies
Hello! My name Charlie Cole and I am 22 years old. I am interested in investing in real estate in the DFW area (specifically Denton) with creative financing methods, and I am trying to expand my network of players in ...
John Thedford
First National Realty Partners: Any Experience Or Knowledge
23 July 2024 | 32 replies
The positive reviews are very short and look to be posted by employees, affiliates, or brand new investors without much experience with them.
Eric Brewer
Deal Flow Course
24 July 2024 | 10 replies
I'd take a course on personal branding, social media, and promotion from those guys; that seems to be their core competency.