I see a lot of beginners on BiggerPockets using the 1% rule to buy small multifamily products such as duplexes or quadplexes. I own and manage over 1,600 units, and I started out in the multifamily world by buying dup...
About me:So if I have finally gotten to the point where I’m ready to make my first purchase. My end goal isnt to be loaded rich,but rather have some financial freedom at some point. I love my job so I will never quit....
Hello BP community,I will be purchasing a new home in the next year or so and I havent decided whether or not I should sell or lease my house in Houston. My PITI is currently around $1200 and rents in my area are arou...
Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
I have been trying for years to reinvest $100,000 into some form of real estate and have gotten absolutely nowhere. Because I own my own business and deduct HEAVILY off it, I qualify for zero mortgages, even with perf...
I live I Los Angeles, so prices are too high for rental properties. Looking to invest out of state for passive income. Any suggestion for the best cities?
I live in Long Island, NY, where hideous shacks cost half a million and only rent for $2000 a month, so I am excited about investing long distance. (My first investment duplex in NY metro is cashflow negative-I hadn't...
Bought my first deal and now its rented! I have a full time JOB, I'm a very busy single mom and now I'm a full time LandLady :) Here are the #'s:Purchase Price: $78,900Down Payment: $7890Repair Costs: $1200PITI: $585R...