Jack Jones
Need Advice on bad investment
In July 2004 I bought a beach condo with the aim of keeping the property for a year and making a small profit.
I paid $230K and financed 205K. Intertest only variable rate.
One m...
John P.
Greetings from Norway!
Hi everyone!I'm about to start my real estate investment journey.Me and my uncles has saved $100 000 in equity that we will use in the real estate market in USA. One of my uncles lives in Columbus, OH, so we will not ...
Jennifer T.
About rentsta
I recently put up a CL ad for my rental unit. Very first e-mail response I get says the following:I am very interested in your place. I'm comparing a few units in New Orleans and wanted to get a little more info. I'm...
Tony Severino
April Foreclosure Rates Up 32%
Well, as the pinheads in the media tell the world there is a glimmer of hope and the economy may be starting a turn around, one in every 374 houses received a foreclosure notice last month. Hmmm. That is even higher t...
Billy Archer
Cooperative Apt investing for cash flow ?
Hello everyone. First time poster here, eager beaver newbie. Has anyone on here bought foreclosed coop units for cash flow ? I don’t have any cash but I foresee that it could be profitable at the right price. I am rai...
Dustin Somers
Cash Flow and COCR benchmarks
When evaluating potential investment properties. What are your target number that make you say yes or no ? Min cash flow ? Must have a COC of ? I now we can’t just draw a line because each property is different bu...
Account Closed
My Pension was recently frozen
I need a little advice for a pension that I have that was recently frozen. The corporation I work for has given us the option to take the funds in a lump sum which I have no idea what it would be or should I roll it o...
Jeremy Bourgeois
Can I jump into REI full time with limited resources?
Hey BiggerPockets fam!As a new investor, I have just about a million questions to ask about just about anything at this point. So, before I dive into my plan as far as REI is concerned, I think it's best to give a lit...
Saurabh Kukreja
How good is your cashflow if property does not match 1% rule
Hey Guys,I am in the process of analyzing deals and making offers ( already signed second offer, fingers crossed ). In this process of analyzing deals, I have realized that if the property is not falling under the 1% ...
Andrew Monnier
Getting started with Long Distance BRRRR
Hey all,I'm currently living in San Diego (home is Boise, ID) with my wife who is a travel nurse. I own a residential cleaning company in Boise that I manage remotely. We're planning to relocate here for at least the ...