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 ...
I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
I am thinking I won't have to wait for more than 1-2 years... Your thoughts?Most of my coworkers, especially those in the early 30s, have bought and have a mortgage that is $10K in monthly PITI... Tough.....Any job lo...
One of the most common topics discussed on bigger pockets and other real estate forums is the decision between a property that cash flows and one that has the potential to appreciate. To take this further, I recently ...
Hello BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors. As I grow older and try to figure out the direction of my career, I love ...
Or have you? A woman I recently dated also has a rental portfolio and retired in her 30's. She met a lady in California who told her as you get older you won't want to deal with the hassle of tenants and rentals or PM...
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
I have been involved with flipping properties since early 2000s. First subbing out as a carpenter for several local investors and builders. When the market dropped out in 2008. Everyone I knew including myself we...
Hi Everyone, I wanted to see if anyone has used WealthAbility by Tom Wheelwright. The amount they charge to analyze your information and give you a plan is pretty steep, so I wanted to see if anyone has used them an...
Hello everyone. I am looking to connect with another member (preferably in the midwest) who is buying SFH or MFH with all cash. I am looking to get involved with investing as a second career when I retire from my W2...