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A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
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Any advise for a 40yr old with $100k saved. +800 Credit score. Should i buy cash or mortgage to start my portfolio for first investment property?
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OK, BP-Landia, to pass the time waiting to hear back from my lawyers, allow me to share the following tale, edited here for brevity (believe it or not):Duplex in Houston TX, listed at $X68k; after extended negotiation...
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I've been a member of this site for some time now and for the life of me I have yet to see how Bigger Pockets help new investors get their first deal done. For the most part, what I see are people introducing themselv...
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Hi all, I recently started an informal real estate group with some old college friends. They are all looking at strategies to use for their first deal and many of us are leaning towards a house hack to reduce the amou...
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Hello everyone. I am scheduling the course I need to take in order to become a licensed real estate agent. The goals are....#1. Use this profession to get as involved as possible in real estate. #2. Raise cash to...
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Just looking for some general advice here. I just submitted an offer on a property in a neighborhood I know very well as I already have one really nice rental there. As a result, I was able to peg the ARV perfectly. W...
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Hi all,Just acquired property, already a big problem: one of the tenants is AWOL and I can't get a hold of him. It's 2 days (or 3 days?) before I can serve a pay or quit notice as far as I understand.I've been trying ...
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Hello Bp!I guess this will be an introduction and also a question.Little about me:I have been lurking around this website for months reading forums, webinars, podcasts, etc. and it has been very helpful. I do have a s...
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I listed my flip Jul 1st. Lowered the price twice now. We have had around 5 showings and two open houses with 10 'groups' coming through. Zillow shows 30+ saves, 1000 views the past 30 days.
I got a few feedback from...