My wife and I started learning about real estate in January of 2019.
In June of 2019 we purchased our first primary residence and converted the basement into an 2 bed/1 bath apartment which we started renting out in ...
Hello Everyone, My name is Abi, I am from Calgary, Alberta, Canada. I am really excited to join the Forum, I have been working on my goal for real estate investment and I am ready to buy a first single family home res...
Hi everyone! My name is Michael and I am seeking advice on how to go about my first purchase.I bought my first property as a primary residence for $258,990 with an FHA loan at a 4.875% interest rate. It's a one-story ...
I've seen several types of calculations used to determine return on a note. One is the cash on cash method, and the other most frequently used is the IRR.
I am familiar with how to calculate both on typical r...
Anybody ever try this?
Suppose you got a guy selling a house asking 50k. If you put down 10k and get a 40k loan, your payment will be 250 a month.
If you were to offer 100k...
Hello Bigger Pockets members, in your opinion what is the best way to invest in real estate without purchasing property or buying a REIT? Say someone has $20,000 cash and its just sitting there, and cant be used for r...
I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...
I had a 3rd floor tenant of mine call in about his hot water not working. This is what happened. (names changed).
Day 1:
- Plumber sent out Frank, who arrived onsite and met the tenant.
- The tenant showed Frank wher...
Hello All!I am new to the real estate game. I have been tapped into bigger pockets for three years prior to my 4 plex purchase. I am house hacking paying about 500 to cover mortgage. I do work a full time Job in bl...
So, I help my dad who lives out of the country manage a duplex that he recently bought. This is our first round of tenants, we have one side rented, that *knock on wood* seem great. We screened a lot of tenants and wa...