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Would anyone recommend taking on properties only as you can afford to buy them cash? Or is taking on debt in order to secure new properties recommended.Currently I do not like debt because of the obvious cost of borro...
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If there was one golden nugget; one tip, you could give that would aid in the long term success of a new real estate investor, what would it be?
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I have been reading about the 2% rule but seriously questioning its accuracy. I got a great deal on a house in a desirable area of Austin for $297k. The rental we are getting is high ($2500) for the area. However, acc...
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Last year, I shared my story here on BP . Please read for more background info. @Chris Lemire and I are here to give you guys an update!
Our progression:
June 2015 - 50k in debt. joined Biggerpockets. Started learni...
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Background:
Me and my wife are both full time IT professionals with 9-5 jobs, which are more like 8-8 jobs really and sometimes weekends too. We decided to start actively investing in cash flowing multifamily real e...
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After months of work, a project that has been a very long time coming is now live:
The BiggerPockets Ultimate Beginner's Guide to Real Estate Investing
Guess what . . . it's FREE!
This guide was designed to help ...
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Hello BP,
So there is a home that I looked at today that is available for lease. It was shown to me by a property manager. It looked like a classic case of someone who accidentally turned into a landlord....
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I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
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https://www.foxnews.com/us/102-year-old-california-woman-evicted-so-landlords-daughter-can-move-inThis guy is evicting a 102 year old woman so his daughter can move in to the apartment. The woman had been living there...
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