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Hello Bigger Pockets members. My story is long and I can be long winded so I will speak with as much brevity as my willpower will allow.This is the first I am appearing on the BP forums. The podcasts, which led me her...
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Hello,
I’m new to the real estate game and I’m looking for some guidance on paying my investment property off or buying another investment property. I’m leaning towards paying it off early to keep from paying 30k in ...
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Hey BPers!I had a friend quit claim a condo to me in Lithonia, GA. However, it needs a lot of work due to water damage. He also owed the HOA a lot of money, but they are working with me by allowing me to pay only the ...
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I am currently rehabbing my first b+h rental here in Indianapolis. I am pretty fortunate enough that the house was paid off long ago and I received ownership through a quit-claim deed. Keep in mind I needed to pay a f...
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Hello All,
I have been a BP member for a while and enjoy reading all of the articles people post. It is amazing how financially intelligent so many of the BP members are! I am a young investor and have a few propertie...
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We currently have one property under our names (husband & me). If we are considering adding 1 property a year for the next few years, do we need to create a business/LLC? If not now, then in the future (~7 years) ...
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This is a hypothetical scenario where the objective is to achieve the largest sum of money . If I started with 100,000 and am able to add 20,000 per year, what should I invest in? Real estate, bonds, stocks, save the...
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Can anyone tell me what the metric is called to explain cash flow per month as a percentage of purchase price? I think it would be a useful tool for investors to go by, rather than saying "this property passes the 2% ...
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BQ: What level math do you need to be successful?
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I get this question alot and I see the benefits of both, With cash you have more negoiating power and you own it free and clear, and with loans you are borrowing at 5% and putting into a property that gets you 10-15% ...