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Hello BP, it's my first post so go easy on me. How do some of you estimate what a property will cash flow and what your expenses will be before you buy? Is there a formula or perhaps a "rule of thumb"? I'm currently a...
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Hi everyone! My name is Mary, and I'm new to BiggerPockets. I live in a suburb of Rochester, NY, and am confident that there are deals to be found in my city. I've never owned real estate before, but I'm beyond ready ...
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The latest in the geniuses we have running this election cycle. Make action figures of him to solve our unemployment problems:
Great Strategy!
The Tea Party doesn't have a monopoly on morons running I guess.
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Hi,
This is my first time posting here— I found BP via an episode on the ChooseFI podcast. From my brief perusal this evening it seems like I've come to the right place to ask a few questions regarding so-called "hou...
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I listened to former CEO of BB&T John Allison speak at Harvard Law School this morning. Give us Liberty, but not a Bailout!He talked about bad mistakes made in real estate driven by governmental policy. And anxiet...
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Say in part of my portfolio I had 10 properties each with a smaller amount of equity say 25k in each totaling 250k equity (25k x 10 properties). How/is there a way to get say a 60k+ loan against that pooled equity? Wo...
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We've been landlords for almost 7 years and never had any problems with letting the tenant schedule repairs with the person of our choosing for their own convenience, then the contractor just sends us the bill. This ...
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I am very new (22yo) and am unfortunate enough to live and work in Los Angeles. My parents are retired in Lake Havasu AZ and I am thinking about buying my first rental property out there and making the drives. I have ...
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I have been reading Rich Dad Poor Dad and it really has got me thinking. I would love to start investing in real estate but my family has me convinced now is not the time and that I need to get out of debt first. I am...
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Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...