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Many of us enter the game of real estate investing with what I call a poverty mentality!
A poverty mentality is simply when one is focusing on what they do not have and in time this mentality can easily turn to greed...
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I am not a wholesaler, but I am curious, especially after my thread about a wholesaler that misrepresented himself to me. Now, there is a lot of debate about the wholesaling topic over there, but something came to my...
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What is the advantages and disadvantages for BRRRR?
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Real estate is super fun - and most of us are obsessed. But what do you do when you're not real estating?I'll go first. I love to hike, road cycle, and snowboard.
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A stupid question, but how many SFH rentals, do you think you would need to confidently quit your day job? I live in the Midwest, so an avg/decent income is 50k a year.
I have 2 currently, that gross cash flo...
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Hi, I am fairly new to BP and haven’t posted too much. So, in order to avoid full on lurker status I thought I would ask you guys (and gals) what you might do in my situation. (Sorry for the long post).Scenario:I boug...
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Investment Info:
Single-family residence fix & flip investment in Valencia.
Purchase price: $71,500
Cash invested: $45,000
Sale price: $160,000
Contributors:
Adrià Creixell
We...
OK here is my situation, I'm 26 years old with $90k I'm willing to start investing in real estate with, I have zero debt and near perfect credit history and not much liabilities in life at this point......no house, st...
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Dear BP,
Firstly, I would like to share that I am doing my best to learn and don't want to give the impression, as sometimes is the case, that I have not tried to find the answers.
I have my HELOC approved. I have...
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Hello all-Would I be able to purchase a fix and flip project with 1031 proceeds? Below is just an example of a scenario.Original purchase price of rental home is $425K$400K loan balance$500K sale$15K closing costs$85K...