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Results (10,000+)
Mary Jay When would you buy a property with a negative cashflow?
22 March 2024 | 88 replies
This slogan merely means you can put down ZERO and the Investment will be NEGATIVE but if you buy it without financing it, you will Cash Flow.You make the Investment Cash Flow.Also, Cash Flow can be a distraction from much bigger problems.Buying a Property that you cash flow in a DEPRECIATING Local Market is a set up for failure.Take Detroit during the decades before it went bankrupt.You may have bought a Cash Flowing property decades before, but the writing on the wall was that Detroit was going to depreciate when the Domestic Auto Industry was a decades long slow train wreck.Detroit, at that time, was 90% dependent on Domestic Auto.There are 2 rules that I follow:1) ALWAYS buy in Appreciating Markets with a horizon of at least 10 years2) You (notice, I said YOU) SHOULD Make the Investment at least break even if not some positive cash flowIf you are in an Appreciating Market, your Cash Flow will grow.For instance, I am in Brooklyn, NY and my first investment was in 1998.My rents went up over 350% (from $1k for a typical 2 Bedroom apt to $3.5k today) over the 26 years.Not only do I cash flow from the Rental Price Appreciation but soon my Mortgage will be paid off by the tenants.The Cash flow will be HUUUGE in about 2 years from now.Many Investors here seem to not understand that Appreciation is BOTH the Investment's Value and the Rental Price Appreciation.
Maria Moya People keep telling me not get into real estate
19 March 2024 | 11 replies
I have been trying to follow bigger pockets to educate myself(tips and tricks for funding, info on how to make REI more passive,etc.) 
Christian Rodriguez Can i take out all of the money out of a 401k account ?
18 March 2024 | 23 replies
No i apologize i worded that wrong, i meant she wont be making any money on the account because she is leaving that company this month and is asking me if i could find a property that cash flows so we can use the money she has in the 401k to buy it instead of putting it into a CD. thank god for the bigger pockets community for helping me realize i have way more research to do!!!
Lance McFarland New to Bigger Pockets
15 March 2024 | 3 replies
Hello Everyone,My name is Lance McFarland and I'm new to Bigger Pockets.
Henrry Novas Real Estate License as a Wholesaler
18 March 2024 | 16 replies
Wholesaling takes so much more time, effort and resources than people think. 
Billie Young Lake Keowee, South Carolina
18 March 2024 | 15 replies
We stay booked on Vrbo.Hartwell is much bigger and more cost effective to buy on.
Blaise Bevilacqua Multi-family in Brooklyn / Queens (First Property)
17 March 2024 | 7 replies
Will shoot you a text shortly and will check out your YT channel -- great resource
Kaynan Na Every investors NIGHTMARE? Both properties have LIENS!
18 March 2024 | 18 replies
Unfortunately, we hear stories like this a few times a month and we have resources to assist those that are willing.
Bryan Gonzalez New to real estate.
16 March 2024 | 5 replies
@Bryan GonzalezCongrats on just getting started, BP is a great resource for motivation and learning. 
Dymonte Thomas New investor ! How to find Whole sale deal before they find them?
18 March 2024 | 21 replies
For sourcing deals, consider leveraging a mix of strategies including networking with local real estate investors, using online platforms like Bigger-Pockets for community advice, and exploring public records or foreclosure lists for potential off-market properties.