Hello Bigger Pockets. My wife and I are currently studying at BYU and we are wanting to get into real estate as soon as it makes sense for us. We both have part-time jobs, working a combined 40+ hours a week, on top o...
I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...
Good morning!I am exploring both short and long term investment as an out of states investor and trying to understand between Cleveland and Columbus OH.I have been learning these two markets are appreciating and have ...
Some of you may know me from threads that I have started or from posts that I have made or from a handful of podcasts that I have been on (which I have to give credit to BiggerPockets for being the first and getting t...
Hi BP. I don't post a whole lot but find the BP forums to be very informative so just looking for feedback or advice. Long story short, decided to not renew a 2.5 year tenant that paid the rent,kept pretty much to hi...
Hello all:I've been sinking my head into this REI world for the past 3 months trying to find ways to earn more money on the side. Not sure if this happens to all newbies and/or of this is just a typical reaction to s...
Hi Everybody!
I joined Bigger Pockets last week and received such a warm welcome from members here. Thank you. This is a great online community and I am so excited to learn more, connect more and hang out here wit...
Hey guys! Here's the situation...We just bought our first rental property and in an effort to save some money on the renovation, my wife took the last few months off work and, along with some help from our "flipper fr...
Hello BP people,
I’m juststarting out, Found a house for rehab (Carson Ca). In short, made an offer based on comps yet to be seen physically. I did hand over the EMD with the understanding that I’m going to view the ...
I rushed in and bought my first home earlier this year before I had the chance to really get into the wealth of information on BiggerPockets. I fear I did what they say all Millenials do and, purchase too much of a fi...