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I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
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Dear BP,I'm attending my first REIA event today and it seems like a scam. I'm a bit skeptical when they are throwing stories of $$$ left and right. Any thoughts?
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This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
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I am curious on what BP members think the impact that growth in real estate investing, wholesaling, and direct-buy practices is having on the old agency-model of buying/selling? Has anyone come across any articles or ...
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What are your thoughts on the positives vs negatives of investing now vs waiting to see what will happen with this market. I feel like a lot of the experts are saying stay in cash and wait (Bigger pockets podcast last...
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I see men constantly posting! Where are the women? That are investors and agents?
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I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
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Have 2 friends - one starting with $100K in retirement funds and the other with $25K in savings - both looking to get to $10K/month in income as fast as they can. Both have jobs, consistent income and good credit scor...
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Good morning Bigger Pockets family,I wanted to ask a question on what should I do with this one specific tenant. This tenant is a mother of 4 that works 2.5 jobs, home schools, and takes care of her family by herself....
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I am ready to purchase a condo that I am going to renovate and then flip. The seller is insisting that I pay them in actual, physical, cash.
Is this something that can be done? If so, how?
Thanks in a...