Clifford Paul
Crushing it, with $3000 a door!
Hello Bigger Pockets!I'm the guy with two first names. ;)Before I get to how I cash flow $3000 a door. (Actually it's $3000 per single family home) Let me first give you my story.I have been a long time reader of Bigg...
Brian V.
Is it an insult to make an offer based on the income?
Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
Daniel A.
Excessive Profits. How much is too much?
I am starting this topic to open a dialogue regarding acceptable investor returns. What I mean by acceptable investor returns is as follows:
THE TOPIC:
At what point is the investor being greedy?
I will use the ex...
Brent Zande
Why is there so much Happy Talk???
In 2010 I had the rose colored glasses knocked off my face hard and I am trying to understand why and how there is such Happy Talk right now about the economy. I am trying to figure out if it is my pessimism based in...
Jason W.
Looking to 1031 out of the California market
Hello BP! I am located in Southern California. In order to take advantage of the current market, I am deciding whether to sell my SFH Southern California property I bought in 2014 and do a 1031. As you know, the Cali...
Marcus Nickson
What are the pros ans cons of owning a property free and clear
Hello Fellow BP Members,I'm currently educating myself on multi family real estate investing. I would like to develop a portfolio of 100+ units in the next 10 yrs. I'm currently saving up to purchase a duplex in 2017....
Wendell Butler
House Hacking - Duplex or triplex?
I am currently living in a condo with a roommate helping me pay my mortgage. I re-did the kitchen, floors (hardwood), bedrooms and finished the basement. I am looking to use the equity I built in this condo as well as...
Noah Bacon
Do you use the 1% rule on your rentals in 2023?
What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
James Carr
What Was the Biggest Lesson You Learned As a First Time Landlord?
Title says it all. Curious to hear what the lessons you all learned after your first year of landlording.
Tony G
average returns & agents
My initial meeting with my agent, my partner and I told our agent we want properties that have profit potentials of 30k-40k. This is due to the research i've done on mls/comps/dom etc where I derived at 30k-40k margin...