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6 September 2016 | 2 replies
I work part-time for a real estate company (Nomadic Real Estate) as a leasing agent and I just passed my VA salesperson exam so I hope to sell real estate in Virginia within the next couple of weeks.Within the next 4 years, I would like to generate enough passive income so that I can save for my future family.The ultimate goal is to generate enough money to be able to start and sustain a social entrepreneurship business to help schools in West Africa.On Bigger Pockets, it would be great if I could network with like-minded individuals.Francis
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6 September 2016 | 2 replies
My plan is to continue to save for a down payment and in approx. ten months purchase my first home.
6 September 2016 | 1 reply
or if I should just focus more on saving to buy another house that I can flip?
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6 September 2016 | 5 replies
I retired from the Air Force back in 2008, and it's been all real estate ever since.
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11 September 2016 | 4 replies
I live in a very competitive and overpriced market and have spent the last few years focusing on my career as a Structural Engineer educating myself and saving my money for the future.
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19 September 2016 | 24 replies
If your personal HVAC goes out, you may choose to do without until money is saved.
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19 September 2016 | 14 replies
At such prices, it is possible to find investments with with month rent at 1% of the property price (that's 12% gross yield).Investing for rental income is easier than for gain, as one just needs to find a property with an affordable rent, in an area with a healthy job market to be able rent it, there is no need to find a property below market price as in the capital gain business model.At $900-$1400 per month, most tenants rent by choice as they could save to buy a better house.
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7 September 2016 | 2 replies
I hope to be retired from my real estate empire 15 years before I am eligible for one of those communities!
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6 September 2016 | 4 replies
The good news is that the 400$ you spent for the inspection just saved you at least 10k.Good luck!
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8 September 2016 | 12 replies
Rather than use that toward a down payment, I plan to use some cash I have saved to purchase a similarly valued unit (around $100k) in cash, that way I will only have one payment, as opposed to two.