Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
Just received news that I am not permitted by the city to purchase another property due to the affordable housing covenant im contracted under. Not the news I was hoping for and this will severely impact the financing...
After reading Mr. Money Mustache for several days know that and The Richest Man in Babylon have got me thinking. If I could cut out my car payment I could save/invest a decent amount of money.
Ashley Kehr, author of Real Estate Rookie and co-host of the Rookie podcast will be taking over the BiggerPockets' Instagram tomorrow to answer all your rookie investing questions and discussing how to overcome obstac...
We're learning the importance of reserve funds right now and in the coming months. In terms of months (I don't need to know your exact dollar amount) how much do you have in reserves?I'm talking every expense for your...
I have used the website calculator to analyze the property, but I am struggling with the following questions:Typical Cap Rate for your Area (%)? I do not understand what this is asking.Struggling with predictive numbe...
So I have been watching the interest rates as they have begun to rise and the notional value of risk free treasuries and ten year treasury bonds are approaching 3% . Given that the CAP rates in the San Francisco bay a...
Did I pick the best time or the worst time to jump in full time as a real estate investor?
December 2019 - I very confidently left my full-time job as an active USMC officer making over 100k a year.
January 2020 - ...
Good Afternoon Everyone,My name is Jordan and I am from Houston, TX. Currently in process of getting my real estate license and have a long-term goal of buying rental properties to eventually cover my monthly expense...
It all sounds so perfect: you can buy a house for cheap, have someone else fix it up for you and then rent it out for great cash flow. You run the numbers (on a BP calculator, they are really good BTW), you read the f...