If you buy an off-market fixer-upper, you should be able to achieve a 7%+ cap (stabilized NOI after rehab divided by total development costs).

I'm looking to expand my real estate investment strategy significantly in the coming years to build wealth, and achieve a life where my passive income is more than my expenses.

Hopefully, in the coming months, I would be able to take my first step towards achieving my goal.Thanks for reading,Ali

Now 4 years in business I'm learning more each day and working to achieve my goal of financial wisdom & independence; working, but for myself as a developer/investor.

What are people actually achieving?

Here are a few:To a cash buyerTo a mortgage-ready buyer who is pre-approvedWith Seller-Financing as a wraparound mortgage (provide title or with a Land Contract)With Seller-Financing where you hold a second mortgage behind a new first mortgage that your Buyer getsAnd, you can "sell" a property with a Lease/Purchase to a highly-qualified Resident who needs just a short period of time to get approved for a new mortgageThe best answer is that it will depend on what you're trying to achieve, the type of mortgage that's already on the property, and your experience level.All the best,Monique

Uncle Sam is my employer (until I achieve my freedom number of course) - pretty common in these parts.I am completely new to REI and spend each day chipping away at the mountain of knowledge on this site, the BP podcasts, and some books I own.

I also want one day to have my own real estate company, i feel that Biggerpockets is going to be very helpful for me to achieve my goals.

I am a 21 year old who is experiencing what many of you have/are experiencing at my age: being broke and having a desire to achieve a successful lifestyle, but not really knowing how to get there.

.– Outline a business planYou don’t need a 500 page document to help you and your partners understand how you will work together to achieve the goals of the company, but you do need something.