Michael Trueba
Creative Down Payment Options?
I am starting the process to look into an investment property, reached out to an agent and a lender. Here's my anticipated problem, the down payment. I do not have sufficient funds to make a down payment on a $100,000...
Augustine Maldonado
20 Yrs Old where do I start?
What's up BiggerPockets, I'm 20yrs old my name is Augustine. I currently work in the oil field. I have been looking to get into the game for about 6 months now. I want to get my rental portfolio started ASAP. Where do...
Tim Clark
House Hacking with a family
As we consider to relocate to Lynchburg, VA I would love to experiment with house hacking with my family. My wife is a little on the fence with this idea (I don't blame her), but I was going to start with purchasing a...
Bill Gulley
SALUTE TO OUR VETERANS !
Happy Veterans Day to all our veterans and Happy Birthday Marines, you're 239th!I want to again thank all those serving and all who have served, I SALUTE YOU!I hope everyone takes time every day, but especially today,...
Carlton McDaniels
Building a portfolio.....Gaining Passive Income
Earlier this year I purchased my first rental property here in Chicago. My family and I stay in one of the units. Initially the plan was to stay here a year, then purchase our first home. But I'm actually eager to get...
Trey Knight
Calling all multifamily investors
I’m struggling with time management right now. I’m trying to balance my W2 job, exercise, family, investing activities and education. It seems like I could use a 48hr day instead of 24. I’d love to hear what experienc...
Daniel Peavey
Capitalization rate, does it decrease?
If I bought a property for 40k, ( purchase and rehab), and my Noi is 8k, my cap rate is 20%
Question? If property value increases to 120k after 5 years, and my Noi is the same 8k, does my cap rate drop to 6 %? Is c...
Jeff Bethke
How would you create $500/mo in Phoenix?
I have a short term goal to create $500/mo in cash flow in 2016. I live in Scottsdale and am looking at outer areas of Phoenix metro for my first deal. For any of the veterans in the Arizona market, given the current ...
Ashwin Gudipati
Cash flow strategy for beginners
All,As a beginner, how should I approach a goal of having 5000$ in Monthly cash flow?If I do the math, I should be having 10 properties with a surplus of 500$ cash flow each for 5000$ overall cash flow monthly. Taking...
Dylan Shea
Real Estate Investing with a Large Family
Hello all,Really interested in meeting others who have taken this path and done so with a large or budding family. I have five kids and we've made some pretty big sacrifices to move towards financial freedom and full-...