Is what I’m doing stupid? Please, all opinions welcome. I’ve turned our first home into a short term rental property. Mortgage is $3,000 and I’m making around $1,000 after all expenses. It’s been steady and I’m booked...
My father died recently and it got me thinking to sell my house.
I'd net around 750k and enjoy more of the things I'd envisioned doing when I bought this house 13 years ago. I'm 58 now and in OK health, so I could do...
My dad has about 35 doors in one location which is his main source of income. The units are probably worth $2mil and are bringing in probably $20k a month. The units are about 25 years old and have not been serviced g...
For those of you who have jumped into real estate investments to reach the goal of financial independence, what is the lifestyle you have visualized for yourself after you have done so?For those of you who have reache...
I had a discussion last week with a REI guy who basically said rents never go down. While I politely disagreed, he insisted it was true. Indeed, for him and his limited experience, rents always go up may seem factuall...
Hello BiggerPockets!At the start of 2019 I stumbled across Real Estate Investing and fell in love! I laid a foundation of knowledge and was rushing to get started. Fortunately, my brother who is supportive also asks q...
Hello All - Quick Question for the Forum: Should a NEW investor proceed in purchasing a property based exclusively on the merits of the DEAL (Cashflows 200-300 per month, good CACR) even WITHOUT 15-20% down and withou...
Once upon a time, I ran into a recently foreclosed house that needed some sprucing up but was certainly livable and was way under market value. So, I got really excited and sent it to investors I had met through Bigge...
I quit my w2 last week. I spoke with my insurance e provider and with me moving out of state I qualify for enrollment. Where do you guys have insurance through? UHC wanted near 300 a month.
To those who consider themselves very wealthy, is wealth worth what is takes to acquire it?I don't want to become ultra wealthy because I don't want to do what it takes.I love spending time with my wife and being home...