I was browsing some properties in manhattan, ny and some in the surrounding area and noticed that most of these properties have a negative cash flow. So i dont understand why anyone would want to invest in these prope...
I have been listening to podcasts and youtubes and I keep hearing people say that investors should not own their own home, they should rent. Can someone please explain the logic behind this. I have 55% equity in my ...
Soooo...I found this fixer upper property on MLS , it has been there for 3days so far. Its listed as duplex, but it has four units rented out . Looks like needs exterior paint maybe more, no due diligence allowed till...
We are newbies. Like typical newbies, we're stupid. We're about 3 months and 1.5 properties into this biz, and realizing just how inexperienced we are. I just stumbled across biggerpockets (which is amazing!!!), an...
Any advice out there on the best way to pull away from the full time job and make landlording the main gig. special formulas , cash flow, separate income accounts. My biggest concern is that once I leave my full tim...
I purchased a property in Dade County in 2013. The property was on the same parcel as another condominium building.The purchase contract stated this in the additional terms-“Seller, as a condition subsequent to closin...
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
Lose Your Competitive Edge With Debt
The more debt you have, the larger the loan on the property, the less competitive you are.
Is your goal to have as little money tied up in an investment property as possible? He ...
I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....
I get that BP is selling the sizzle a bit. I have been studying and studying. But no matter what, I simply cannot make the numbers work.
I am in a still-affordable-yet-booming metropolitan market in the southeast. Th...