23 November 2018 | 5 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
29 December 2018 | 23 replies
I've just started to scratch the surface of the vast amount of resources available here, and I am very excited to meet all of my future friends here in the BP community!
10 November 2018 | 5 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
19 August 2018 | 4 replies
Hello, I am about to form an LLC with my friend who has his own contractors business, and I am a real estate agent.
16 August 2018 | 18 replies
I had a friend who did network security (either remotely from home or onsite across the country )earning your ballpark income in the Midwest until I showed him he could buy a house here in Vegas with just the state income tax saved.
21 November 2018 | 3 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
10 January 2019 | 14 replies
Or just random friends/family?
17 August 2018 | 20 replies
You can find, target and market to those individuals by identifying a group using listsource.com or something similar.You're looking for high equity sellers that have owned the property a long time and preferably live out of state.
17 August 2018 | 17 replies
First off, the syndication sponsors I have worked with seem to be more prompt and personable individuals.
15 August 2018 | 7 replies
If anything I would live in one room and rent out the other two individually at around $500.Property Type : Single Family 3 bed 2 Bath.Property Price: $200,000Down Payment of 5% at $10,000Loan of $190,000 at 5% interest rate ExpensesTaxes $150ExpensesInsurance $ 115Electric $ 100Water $ 70Gas $ 50HOA $ 0Lawn $ 25Vacancy $ 100Repairs $ 50Capx $ 100Mortgage $ 1284.96Total Monthly Expenses $2,044.96 "Cash Flow" (Didn't know what to title this section)Out of pocket $744.96Tenants Rent : $1300 Cash on Cash Return (This is the main part I need help with)Down Payment $10,000Closing Cost $3,000Rehab Budget $7,000Total Investment : $20,000