I know this question is contrarian to most new RE Investors, however, over the last 15 years, I have been an investment advisor and have been able to create an unbelievable business that cash flows extremely well.  If...

Everything is bigger in Texas, including the high property tax rates. While those of you considering real estate investing in Texas are aware of this fact, some of you may be less aware of the wide variance in propert...

Hi there,I am freshly new to biggerpockets and very interested in exploring the opportunities of real estate investing. However, there is a major "roadblock" in my near future as a pre-medical / medical student: the m...

Hi everyone!We are going to be launching a wholesale campaign in the Ventura County area real soon. We are trying to come up with creative ways to build a buyers list. We plan to attend a few a auctions to meet some p...

I want to pick your brain for an interesting situation.I lived in Chicago for 11 years. I am currently living in Texas. I bought a single family house in Chicago suburbs via a real estate agent almost a month ago. Aft...

Hi, I'm new to landlording but thanks to BP I think I have a pretty good handle on the basics. What this situation is though, is somewhat unique. Here's the story:So I purchased this property with 3 tenants already in...

Hello BP Community! I have been recently playing with the idea of purchasing a second home/vacation home near the mountains and have really gravitated towards CDA and other IDAHO areas. I like the idea of it being a v...

Hi.  I am looking to start with multifamily units but Im wondering how I can afford a decent unit to start with.  What options do I have for finanacing?  I am planning in buying a unit and living in one apartment.  I ...

I have a tenant who has fell quite a bit behind on her rent. My PMC sold their business new PMC went out of business a month later and now I have a brand new PMC. I just got a delinquent bill for waste waster on the p...

So I Just listed to Postcast #272 and I learned the 1% Rule of thumb "If a property rents for 1% or close to what you pay for it more than likely has positive cash flow" Your thoughts ?