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Found another one...
Value about 90k, think I can get it for 60k
Basic number:
Rent $1000 - $1200
Expenses: $500
NOI: $500
Mortgage at 6%: $360
Cash flow: $140
Seems to work. My one concern is that I don't expec...
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Landlords who self-manage rentals in a different state. How do you this? What systems do you use to oversee the listing, showing, and managing repairs, inspections etc.? How do you mitigate the risks of not being clos...
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What is a good guideline % wise on a down payment? If purchasing an investment property would you put more money in to get cash flow positive? Does that even make sense?
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Hello everyone,I've been spending the last 2 Months or so listening to as many BP podcasts as possible and reading recommended real estate books. There is a lot of information to take in so I just wanted to get some i...
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I was listening to the Money Podcast, Finance-Friday edition earlier this week. @ScottTrench mentioned having adequate amounts in reserve for a rental property. I close on my first property on Wednesday the 17th. The ...
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I'd like to see what people put into a flip property ... Anyone gone overboard on a flip?
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I have been having crazy dreams lately asking my self if I could really pull off buying an investment property at 20 years old. I am still in college. I don't have that much in assets and my credit is fair. I just wan...
Hi bigger pockets family. I need advice! I worked as a corrections officer for 23 years. It was awful and I had no pension. So I quit. My wife supports us right now. I'm 47 and for the first time have no w-2 job. I to...
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I own a house in another state with tentants and property management in place. I bought it about a year ago. So far, it's been more of a learning experience/gut check than an "effortless cash flow source."Last mont...