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The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
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AND imagine the real estate is NOT cash flow positive. Consider the ‘negative cash flow’ as simply additional reinvestment…just like the S&P.
I am all about building cash flow over time through real estate. Howev...
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I just want to make as much money as possible at this stage of my life. I have 60k. What’s some ways I can double or triple it within a year or so? I’m specifically asking how to maximize my return within the field of...
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I post a ad on Facebook offering a $500 referral fee for anyone who can give and address of a crappy, ugly house. It's that illegal?
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Of course, it still has to pass the Senate - and it faces an uphill battle there - but the House of Representatives has voted to abolish Dodd-Frank .What are your thoughts?
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Just wanted to announce today that we’ve added some enhanced capabilities to the forum signature here on BiggerPockets.We now allow agents and other professionals to show off their certifications, license numbers, and...
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I've been researching REI'ing for the past 6 months and I have yet to purchase a property. I live in New Jersey where property values and property taxes are very high. I don't have any construction experience, so I ...
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Just passed the House and Senate in Virginia - I am not as up to speed on how the legislative process in Virginia works but my broker and multiple wholesalers that have reached out to me are all under the impression t...
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That Atlanta market peaked on July 2007 and bottomed in March of 2012. We have since made a complete "V" shaped recovery since March 2012. At this significant bottom, and retail real estate were trading at 1996 pri...
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Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...