My wife and I have been buying rental properties for 20 years. We currently own 13 rental properties and have paid off all loans/mortgages including our primary residence. Our goal has always been to bring in enough ...
HI BiggerPockets Team,First off, let me tell you that I am truly excited to be here (officially) and be a Pro member here at Biggerpockets!Oh…by the way…this is my first posting!I have been reading BiggerPockets for s...
Hello everyone! I am reading "The Ultimate Beginners Guide" right now. Question for everyone. It gives a quick definition of the 2% rule (the rent should equal approx. 2% of the purchase price). I know this is not int...
I am in the Tampa area. Starting my search for our first 'investment' property. There are so many options it can sometimes be overwhelming so I started by writing out my goals to help narrow my path.Goals:1) Create ...
Hello all,My fathers good friend and my real estate mentor is "retiring" to his newly built home in Florida. He wants some cash to play around in Florida real estate and most of it is tied up building his new home. He...
Hi my name is Ray, I'm 21 years old and I live in Orange County, CA. I work full-time to support myself and I plan on going back to school part-time in the fall. I stumbled into real estate investing about 2 weeks ago...
Hi BP Community,I have a question from a family member about purchasing a second home and possibly using a HELOC to do it! I, myself, am new to the real estate investment world so I have not looked too much into HELOC...
Hello, this is my first post on Bigger Pockets.
I was hoping someone could advise me on how to pull equity on an investment property (condo) I own in the state of Florida (free and clear - no mortgage) for...
Good morning,Newbie here! My wife and I have decided to start our strategy of exiting the proverbial “rat race” through real estate investing. We are currently interested in short-term rentals and buy-and-hold rentals...
Hi everyone,I recently bought my first rental property (closed on it about 2 months ago) and the rehab is coming to an end. After researching the rental prices in the neighborhood and consulting with a local agent (sa...