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While cashflow is key to keep the property safely under control, I seem to find that the larger returns for our portfolio to date come from strategic growth of equity. My wife and I are still fairly small in our inves...
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I've been studying everything I can get my hands on about buying and owning multifamily properties. The one thing I keep seeing is that people will only buy if it's a "good deal". Now, I of course understand that that...
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Hey everyone! I recently read Brandon Turner's blog (http://www.biggerpockets.com/renewsblog/2012/12/12...) about how to make a million dollars from real estate. It is very informative and inspired me to get started w...
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I have a 4 unit deal that I am currently analyzing. From what the seller has told me and provided me with, it seems to be a good deal. I've used the BP calculator but it doesn't pencil out all of the units the way I w...
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Well, After almost a year of looking, getting $ lined up, networking, reading BP and basically freaking out... My wife and I have taken the plunge, we sign tomorrow and close monday on a flip in my home town... I live...
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I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
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So I just got off the phone w/ a Rep from dohardmoney. (A HML on biggerpockets site for IL). Has anyone used their service? How was the experience for you? As a new flipper with limited funds, you all know the fru...
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Hi everyone! I am new here and still relatively new to renting my house out, even though I've been doing it for about 7 years now. I'm only on my second set of tenants.My question/situation is:I rent my old house. The...
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I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
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Hello BP family - my husband and I are looking for some advice on whether we should buy our own home in Southern California (specifically Orange County) or whether we keep paying rent and invest out of state to build ...