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I want to buy my first rental property but I'm wondering if I should wait until the crash that is supposedly coming. I'm worried that if I buy now, my property will end up being worth half of what I paid after a few y...
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% Networth Estimated 5% passive income (Annual basis)99.90 % $30,644,280.00 $1,532,21499.50 % $11,898,128.00 $594,90699.00 % $...
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Hey BP peers! When does this RE stuff actually become passive income? It’s been a trying month for sure. I work that full time job, manage 29 doors, and flip for profit and debt reduction. But, on April 12th I get a c...
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Howdy,I have zero experience as real estate investor, but I want to learn!I stumbled on BiggerPockets Podcast while I was watching some other RE informational videos. The show is very well put together, so informative...
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Hi, A very close friend of mine has just sold his business and will net $3,000,000He is very eager to put his new found wealth into real estate. Having read books and listened to podcasts he feels multi-family is whe...
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Hey BP! I have not posted in BP for many months, and I miss it. I really enjoy posting topics that break down our failures and troubles so that others can learn from them.Based on the title of this post...$135k Fix ...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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Prepare yourself: this is a long post. I wrote this post for any newbies and for anyone with questions about the BRRRR process. I also wrote this to let you know about me and my process. Born and raised in Chicago Ill...
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Afternoon BP Community. Listening to several podcasts and reading many blog articles, there is a constant debate on whether someone should contribute to a 401K or take those contributions and direct them to RE. Unless...
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Three years ago, my husband and I did a 1031 tax exchange for a rental property. The property is still a rental property and will continue to be, at least for the forseeable future, but I would like to put the propert...