While listening to Barbara Corcoran she emphasized the need to have other income while building your real estate holdings. I wonder how many actually live off rental income alone without having put in years of buildin...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
I attended a 3 day seminar this weekend promoting noteschool. Noteschool is a mentorship and training program for notes performing and non performing. It seems very expensive starting at 16k depending on the leve...
Hi,Listening to some of the podcasts and reading the blog, I keep feeling this inner red flag that keeps popping up in me. I get the feeling that a lot of folks are advocating being over leveraged and taking on an un...
Hi All,
My wife and I are thinking about investing in multi-family (up to 4 units) in San Francisco for the first time since price is a little cheaper at the moment due to pandemic. However, we heard that SF is notor...
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Hello Bigger Pockets Members!I'm a real estate agent here in the capital of the 9th largest economy in the world, Sacramento, CA. I've done a couple of investment deals but am mainly an agent. I came to explore Bigg...
Is anyone here a member of Lifestyles Unlimited or does anyone have any experience with them. They are a mentoring program that helps you get started in REI based out of Houston. From what I can tell so far they see...
For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
I’ll start. I’m 38 and I own 0 properties. I am reading all I can on REI with the goal to buy my first property within the next year. I’d love to be inspired by some of you and your journey. I’d like to know your ...