Let me start off by saying that I have no previous real-estate experience.
I am 24 years old, $50k net worth, $50k yearly salary. I am looking to buy my own place and live in it. Eventually I want to turn it into a r...
Hey Florida BP-er's,I heard that if someone has been filed for foreclosure in Florida, who is also an owner occupant, you CAN NOT take over their existing loan subject-to...Can someone verify?Thanks,Jordan
So I purchased a condo that I was going to live in flip. I did all the renovations and turned out great even after a few hiccups and came in on budget ($40k). But the hoa voted and passed special assessments to upgr...
I was given an exclusive lead on a apartment complex purchase and the numbers appear a bit tight. Please help!This is a 20 unit complex within a mile of my house... I'm committing the bigger pockets cardinal sin becau...
Has anyone quit their job after just one or two deals?
After the second one I have in mind, my net income will equal my W2.
Just curious. I am tempted. (I posted this in the STR discussion because I doubt this has...
Hey wise people, I found myself in a bit of a predicament, and I am hoping you all can give me some insight. I bought a house and closed on July 2018. Below are the details: Purchase price: 205K, 3% down, 5% interest ...
Hi All,I recently went to my first meeting at the Los Angeles Real Estate Investors Club (LAREIC). They had a guest speaker from a turnkey company named Memphis Cashflow. His name is Clifton Stone, he is their Direct...
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
Hello there!I'm currently looking to get my foot in the door regarding investing out of state. I currently live in a very expensive market (Los Angeles, CA), and recently just paid off all my student loans, have a sta...
What single piece of advice would you give to a newbie to share the hind sight you've no doubt experienced by this point. Knowing what you know now, what would you have done?