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19 January 2025 | 46 replies
It’s too much to explain, just not worth it… Invest in America, vacation/live in Europe…Europe is as big as the US and the differences between markets is even bigger because Europe is made up of different countries.
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3 January 2025 | 7 replies
Even if you rent at a break even or slight loss, if you could have 3 years of rental income offsetting your mortgage while realizing 3-6% appreciation, could be worth it, especially if you think appreciating for this area will exceed national averages.
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30 December 2024 | 4 replies
DIL is a voluntary foreclosure.It is a loss mitigation option you have to apply for and be approved.
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7 January 2025 | 7 replies
Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.
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6 January 2025 | 11 replies
Welcome to the Bigger Pockets community @Ashley Snider!
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11 January 2025 | 67 replies
Realistically, BRRR or wholesaling or other ideas that require a bigger time investment are not good for me - I run my business so I don't have much time left.
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26 December 2024 | 18 replies
What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.
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23 December 2024 | 13 replies
I believe there is no better place than Bigger Pockets to find the most expertise.
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27 January 2025 | 56 replies
There are many people that FOMO bought in the last 18 months and are desperately trying to get out now at decent losses.
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9 January 2025 | 5 replies
If you are single, look for uneven multis where you can live in a small unit and rent out the bigger one (e.g. - 1/1 and a 3/2 instead of 2/1 and 2/1)2.