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25 February 2024 | 13 replies
The whole idea came up when I paid my rent and the agent said - why don't you buy instead - you can get get a house for the same price.
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23 February 2024 | 2 replies
I am new to both of these topics but am eager to jump feet first and learn what I can in order to grow personally and financially.
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25 February 2024 | 28 replies
I just don't love the idea of paying interest on something that goes down in value.
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24 February 2024 | 7 replies
As far as the HOA board, I like the idea of community members being part of the board.
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22 February 2024 | 3 replies
This is not my forever home.Do you have have renovation ideas/items I should I implement to save $ or headaches in the long run with tenants.For example- a recessed dryer vent so the dryer can flush to the wall,- drain pan- a hybrid heat pump water heater to save $ in the long run.- smurf tubing- sound proofing between the roomsWhat items do you wish you install that is causing headaches?
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24 February 2024 | 19 replies
Joining a local real estate group on Facebook isn't a bad idea, so that you could ask other investors their recommendations.
23 February 2024 | 1 reply
There is info on that at https://www.biggerpockets.com/forums/12/topics/1167256-these...So, the initial numbers look something like this: $235,000 ARV, Here is a house for our exampleIt usually takes a beginner 6 months from buying the house, rehabbing, selling & closing to getting your money.SELL: It assumes you are putting 20% down on a purchase price that is 65% of what you will sell it for with a Net Profit of $22,981 if you flip & sellRENT: Your monthly mortgage cost is $1,302 and Rentometer says it should rent for $1,500 - a $200 a month difference.
25 February 2024 | 10 replies
His response: "I had no idea, I am sorry".
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24 February 2024 | 2 replies
Getting a quote on hazard insurance is another great idea as well.This investment comes with more risk than I would like.
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23 February 2024 | 4 replies
https://www.biggerpockets.com/forums/742/topics/511026-how-i...Hope this helps!