How much of your rental property cashflow should you live off of? For example, if I cashflow around $30k/month, how much of that should I ACTUALLY be spending on my lifestyle? What percentage should go towards my pers...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
MODERATOR NOTE: I'm locking this conversation down because the original post is possibly in violation of the rules. BP does not allow any form of self promotion, looking for partners, deal making, etc. Although the OP...
BiggerPockets Partners with TransUnion to Provide Tenant Screening & Credit Checks
In an effort to serve our members, BiggerPockets now offers tenant screening services in concert with the cr...
ST. LOUIS, Jan. 6, 2016 /PRNewswire-USNewswire/ -- The following is a statement by Frank Rolfe:The PBS News Hour recently ran a segment titled "Bad Bargain? Manufactured Homeowners Feel the Financial Strain", as a par...
For those that know me I hit social media marketing....HARD.For those who don't know me I guess I am not hitting it HARD ENOUGH!Social Media is in my opinion the greatest tool that we have as Real Estate Agents. BP ha...
Starting out with REI and the BRRRR process seems great. For someone with minimal connections and little capital ($50k) it will be difficult to do a complete BRRRR project. Almost everything I've read or listened to i...
Question to all you investors:
Please share your techniques for buying investment rehab properties out of state, sight unseen; sources of financing, hiring/finding contractors, property managers, and realtors.