I'm new to REI. Many of the podcasts and much advice says to get started and not to sit on the sidelines forever. I've made contact with a loan officer. I have very good credit and could get together a down payment an...
Hello BiggerPockets family!
I am new to real estate investing and frankly I am not sure where to start. I listen to all the BiggerPockets podcast and I have a friend who has been wholesaling for years and just start...
Hi - Following some time of study and savings, I'm looking to make my first deal in South Bronx. My strategy is Buy&Hold Multifamily properties. My previous career was Graphic Designer, I would be happy to provide...
So many people love rental properties and even though I like the monthly income I don't like being bothered with the overhead. When I think about after you pay the mortgage, insurance, taxes, plus maintenance you have...
Should my wife and I buy our first investment property in Mount Shasta, CA or Columbus, OH. We live in San Francisco, CA and we both work in the trades and have a couple of connections with trades people in Shasta. Th...
I have a 4/2/1 rental in a desirable area that’s about 1,700 SF and I can't get it rented! I had a motivated seller call me on my bill board, negotiated the short sale, bought it and had it fixed up so it’s clean &...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
Hello everyone, from Arkansas. We are a small family who are still a bit new to property investing. We purchased our first home in 2010 and rented it out a couple of years later due to a job change. Since then, we hav...
Are there other options besides taking a loan from my 401k? I can loan myself a max of $50,000. While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stock...
I put a tenant in my first rental property two months ago. Last month she paid the rent seven days late and this month she is ten days late and counting. (In Baltimore City there is a mandatory 10-day grace period and...