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17 March 2024 | 4 replies
Not sustainable, we can’t get everything we want all the time.That’s it for this week.
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17 March 2024 | 17 replies
Here's a brief overview of my current situation:SFH1Acquisition Price: $1.6MCurrent Market Value: $1.89MLoan Balance: $1.2MInterest Rate: 3.75%Annual Net Cash Flow: -$12KSFH2Acquisition Price: $2.15MCurrent Market Value: $2.2MLoan Balance: $1.5MInterest Rate: 7.75% (I'm considering refinancing in the next few years)Annual Net Cash Flow: -$65KDespite being proactive in educating myself through BP forums and real estate literature, I'm beginning to question the sustainability of enduring annual losses from these investments.
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15 March 2024 | 20 replies
I thought it would depend on bank appetite but I've heard back that vacancy isn't an issue so long as the property is self sustaining as is.I think there's a fine line between filling an open spot and resurrecting a dying center though.
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14 March 2024 | 1 reply
This post explores the growing mindset of aligning investments with personal values and sustainability goals to drive positive change while generating returns.
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14 March 2024 | 8 replies
Eventually my partner and my own health insurance cost rose to over $1400 a month which just wasn’t sustainable so I got a job in a group home on third shift.
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14 March 2024 | 3 replies
Even if you were positively cash flowing on multiple other properties, it makes no sense to invest more money into the negatively cash flowing property unless the ADU would improve the cash flow to such a degree that the property would be stable and capable of sustaining itself.
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14 March 2024 | 11 replies
Hello BiggerPockets community,I am a new Real Estate Investor and would love to get some feedback on our strategy.Goal: Achieve sustainable income of net $10K/month, while the properties appreciate long term.
12 March 2024 | 2 replies
Keep reading/researching until a path resonates with you.
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12 March 2024 | 12 replies
Petersburg's waterfront lifestyle really resonates with me, and whether I'm on the boat or analyzing investment opportunities, real estate is always on my mind.I'd like to connect with like-minded investors and learn more about long-term rentals, drop a comment or send me a message!
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15 March 2024 | 214 replies
I have 1 property and am looking to expand as quickly/sustainably as I can.