I know that many may not agree or may even be offended by the idea that if you don’t have 20k you shouldn’t invest in real estate, however, It’s true. If you’re an adult and you have no money saved up, then before you...
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
Curious what others think of this new pro-renter ordinance approved in Seattle. Would this make you think twice before investing in Seattle RE?In a nutshell, this ordinance aims to ban "discrimination by landlords a...
BiggerPockets for a long time was a great place where investors could meet and exchange information and work together. Over the past year I have noticed a trend of a lot more newbies coming in just looking for informa...
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
Hi Everyone - long time lurker and researcher here on BP which by the way is one of the most useful sites you can possibly use to better your REI goals.So i have spent the last 9 to 12 months researching and learning,...
Answer this… If I could walk away with XX years of my current annual cash flow, it would be worth it for me to sell my property now.Since we may be due for a correction here in the near future, I figure I’m not the on...
Hello to the community. I know there are at least 100 threads on this great site that deal with “getting started,” and assure you that I have tried to digest as much as possible before resorting to another “help...
Ok. Hypothetical. You have $10,000,000 to deploy. You have to deploy it right away or you lose the money. What would you put it into? (it should all go in one asset type and class). My hope is that this helps people s...