Hey everyone! I am writing a regular column for BiggerPockets Wealth Magazine on “Biggest Mistakes/Lessons Learned” in real estate. I am currently looking for TENANT "mistake" stories, in particular inherited tenants ...
In today's excellent episode of The BiggerPockets Podcast, Zeona McIntyre shares how her investments in short term rentals - some local and some long distance - have provided her with enough income to retire early and...
I decided to write a column about my own experience putting some of my investment properties on Airbnb, so that you too can learn from my mistakes, understand what a good rental requires, and learn some of the horrors...
Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...
@Brandon Turner and others often talk about making sure you have cash flow AND equity going into every buy-and-hold deal. But are there any circumstances where you'd pay full retail if the cash flow is good enough?The...
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...
Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
Hi everyone,I'm a mid-twenties engineer out of the SF Bay Area.I've been lurking the site for a few months as I've mulled the "Real Estate Option" - we're getting to that phase of the boom-bust cycle that I'm just not...
My first (stressful) flip :)The house is a 1,875sqft 4br/2ba with a front yard, back yard, carport, porch and back patio with built-in firepit. Comp average days on market is between 36-43 for this area of town.My hou...