Hello, first time posting here.
I'm contemplating the sale of a rental property I own. I have a net equity (after commission + repair allowance) of $116k in the property. The home is worth 300k. I'm wondering if a 1...
I have been looking at Indianapolis, Indiana quite a bit to be my market as a strictly out-of-state investor. However, I realize I need to study markets to decide if they are appropriate for my future goals.Now, for m...
Hey guys,About to go into our 4th house flip and wondering how everyone analyzes a deal and decides on their minimum profit required to do the deal? Is this a personal preference or a % of the cash you put in? Are you...
The Measure of Our Worth
The measure of our worth is not what we have done for ourselves;
but what we have done for others.
There is more to life than personal accumulation, building wealth, and cash flow.
Less deb...
I'm considering focusing on future property acquisitions in military towns due to the constant influx of soldiers seeking properties to rent, is this a good idea?
What's rent got to do with it?
Everything.
Rents drive the multifamily investor's business model. Put another way - rents are the heart - that help you beat the returns on your savings account or your ETF.
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So I just got off the phone with my financial advisor and he said I'm doing well but he's concerned I'm over leveraged on real estate. He's concerned that if we experience another recession that I will be stuck holdin...
Okay, now for a ridiculous, hypothetical question.What's away to theoretically get to 100 mil in net assets. Assume this is for a "young" person who has several decades to reap the rewards of salary, compounded return...
I've seen a lot of people recommending mandating tenants get rental insurance, but I don't understand why. I'll have insurance on the home to protect myself, but why is it my business if they insure their own property...
BiggerPockets is awesome!My name is Matthew and I live here in Menifee, California. I am currently 27, and I have been working as a Diagnostic Medical Sonographer (Ultrasound) since I was 20. I reached a plateau in my...