Tyler Myers
First purchase - update to electric heat, or see what happens?
20 June 2018 | 4 replies
Books show about $5,500 annual expense there.So conservatively we have:Monthly Rent - ( 5% Vac + 10% CapEx + 10% Repair + Utilities + PITI ) = 2050 - (100 + 200 + 200 + 450 + 700) = $400/mo****does not include Property Management, paying myself or someone else 8% of rents results in cash flow of ~$230/moThat said...Rents are slightly below market given that utilities are included.
Adam Burns
What is the power of cash?
22 June 2018 | 17 replies
So cash can be pretty powerful when it's the only way to get a deal done.Also, I like cash transactions because they're soo easy (less paperwork and headaches.)
Jorge Ibarra
My first Wholesaling property
25 June 2018 | 5 replies
@Jorge Ibarra you should be able to complete this transactions with an assignment.
Josh B.
Newbie broker from SoCal
21 June 2018 | 1 reply
I'm surprised I didn't sign up here sooner considering I own a few Bigger Pocket's branded books, but wanted to introduce myself.I'm in my early 30's and have made a career in the tech industry as a systems engineer.
Erik Snipas
Erik from Long Island, New York
8 July 2018 | 20 replies
Check out the No Money Down book for tips on creative investing, it would be a great help.
David Mazza
Do you remember your first? (Apartment)
20 June 2018 | 3 replies
I’ve spent the last half a year reading the books, scanning through all of your posts and thoughtful responses, and listening to way too many podcasts.
Dain DaVirro
Househacking in the Sacramento area
23 June 2018 | 12 replies
Thanks @Ben HowardHere are some quick insights (lists) about the Sacramento County MFR 2-4 market:16,044 properties designated MFR 2-45,056 owners live outside Sacto County4,476 owners live outside of California884 were sold/purchased in last 365 days (~5.5%)2018 YTD: 3432017: 9432016: 8632015: 8124,520 have 100%+ equity796 are underwater12 are in Preforclosure263 marked vacant by USPS143 were purchased at auction by a trustee sale buyer1,445 have had a death of joint tenant in last 365 daysSince 2016, 676 transactions were off-market - and scanning through those buyers a lot appear to be investors as they've done 2+ deals or their LLC name indicates investment orientation.
Marco Villa
Aspiring investor from California
8 July 2018 | 15 replies
I have read and gone through a few of the forums, I listen to the podcast daily on my way to work, and have started buying real estate books to further educate myself.
Sean Quinlan
HELLO BIGGER POCKETS!!!!!! NEW ADVICE PLEASE!!! NEW MEMBER HERE
21 June 2018 | 5 replies
Read some of the BiggerPockets books and it will get your education and mindset going.
Mike Jordan
No to real estate investment
14 July 2018 | 23 replies
What can I earn analysing deals since I cannot have cash and I could not borrow further money, currently I am reading books , listen to bigger pocket proadcast, networking.etc