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Hi everyone! I'm a beginner to the BRRRR strategy and currently studying up on it. I live in New York, and as you know, properties here are expensive, and it’s not exactly a landlord-friendly state. Because of this, I...
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I have an idea of the brrrr strategy, but can someone please explain it with detail? I’m looking to fully understand the method.Thank you!
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Hi BP family,I am finishing renovation of two units in Albany, NY close to an area hospital. From the locals, I have heard that renting to traveling nurses could be a good way to boost the rental income, but where do...
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Hey all. Bigger Pockets has been my pocket guide to real estate over the last couple months. I have finally put a triplex under contract and underwent the house inspection earlier today. This is finally beginning to f...
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Newbie here. My primary residence has appreciated roughly $200k and I’m trying to figuring out what would be the best investment route to take. Any suggestions would be greatly appreciated.
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Happy Monday everyone!We just finished a full (pretty much everything) renovation on our duplex that we put up for sale and received 3 offers, went into contract $16k over ask, 17 days on the market. We averaged 1 sho...
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Real estate investment is a time-tested method of building wealth and generating passive income. It’s also a way to hedge against inflation and acquire an asset that appreciates over time. However, long-term success r...
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Does anyone have any thoughts on selling a multi-family rental home in a 1031 exchange to buy a Delaware Statutory Trust? What are the pros and cons?
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Reprinted with permission
When choosing an area where to buy a rental property, there are several things to consider including, distance from your home, supply of potential tenants, average rents you can collect and ...