Ryan Dickson
suggestion for seeing positive cash flow in not so cheap areas
29 November 2021 | 7 replies
Rather I am looking for investing in established or emerging metro and its suburban areas (for example Austin, Atlanta, Raleigh, etc) because I only intend to acquire just 2 or 3 of them.
Troy Scottaline
Young professional wanting a life change
31 December 2021 | 43 replies
Replacing what you earn/your lifestyle will take more time and effortFor me it was easy to replace minimum wage with rental income and flipping My sister on the other hand, making probably around how much you make, proved impossible for her and she had to wait to retire until she was in her 60s I, on the other hand was able to retire in my 40s because of a more modest lifestyle for you and most people the rental route is a long route.
Daniel Keren
Help With Reinvesting Future Profits
12 December 2021 | 3 replies
I have little to no debt, cash in the bank, but the negative is that my current taxable income is only around 35K a year...
Elizabeth Schartman
Tenant evicted, $2k damages + had criminal background...now what?
25 November 2021 | 33 replies
Their "assumption the landlord wouldn't divulge any negative information" is a bad one and an after the fact justification for the fact they didn't call.
Corlin Anderson
Investing in a four plex
27 November 2021 | 7 replies
On the other side, deals that are negative cash flow deals and your banking on appreciation are closer to gambling than I like.
Ryan Metcalf
Investment Opportunity or Money Pit
29 November 2021 | 4 replies
This means you will be $5k out of pocket, and $5k negative and have to recover the full $5k before you are positive again.If you bury that $5k in the original financing, it will cost you about $25/month (Added to your monthly mortgage payment), or $300/year.
Ryuji Mori
Brewster, NY Condo #1 (2nd Property)
26 November 2021 | 8 replies
Hello @Przemek Kos,I hear you and I have had a tenant who stopped paying rent from the negative impact of COVID. 5 other tenants have had no issues so far.
Troy Forney
Future problems for investors....................................
17 December 2021 | 49 replies
In addition places like biggerpockets and other real estate knowledge mediums will also contribute to higher house prices(I don't mean this in a negative way but as everyone figures out things like house hacking it drives prices up) People and maybe eventually banks will start to buy/write loans not based on just the person's income, but let's say they buy a 4-bedroom and can rent 2/3 rooms on Airbnb.
Julia Williams
Best Method For No/Little $$$
24 November 2021 | 2 replies
Im 19 years old and I only have a couple thousand right now.
Christopher Hough
Refinancing Home and HELOC Help
27 November 2021 | 5 replies
Thus, you can have many mortgage related credit pulls within a 30-day window and only the first pull will negatively impact your scores.