I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
Has anyone taken the plunge and attended any of the "Advanced Training" courses put on by the Rich Dad Education company? Last fall I attended a three day seminar put on by Rich Dad Education, but because of the steep...
Here is the breakdown. We have a property in Memphis that is generating $7,000 dollars a year in net cash-flow (property is 100k).We want to buy another 3 properties free and clear BEFORE we refinance them, to group t...
Financing fell through, and don’t want to go into hard money lending just yet. Anyone know of banks still proving non-qualifying mortgage loans currently? TIA!
Check out this report by Morgan Stanley. Looks like institutional money is moving into real estate investor territory:
[http://myrentalportfolio.com/wp-content/uploads/2011/11/Morgan-Stanley-SF-Report-Oct-2011.pdf]
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Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
Hi, this is my first post on BP. Past two weeks or so I've I jumped into this place head first. I'm located on the south shore of Ma. I'm actually in the trades so I have no formal knowledge of finance. I purchased an...
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
This is my first post to Bigger Pockets, however, been following for a while. My market is Albany, NY.You can make pretty staggering net profits in this area. My biggest question now is wait another couple years and b...
Hello,I am new and am currently looking at a few bank-owned properties to buy in Columbus, Ohio. I learned that most of bank-owned properties have clear titles but sometimes not. So, it is still recommended to do titl...