Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...
Hello BP Members, hope everyone is doing well with their REI adventures.
I have six 2BR/2BA condos in a major metro area of central Alabama.
I recently moved to the country and may sell these properties as a package...
BPers,I am analyzing my first apartment deal and find the PM costs suspect. The sellers claim 6k a year for 32 units that bring 240k in rents. Can this be true?Does $620/door sound adequate for a 1.2mil asking price...
https://tradingeconomics.com/u...Inflation data came out today showing inflation was much higher than originally projected. The Fed has indicated they would raise rates if inflation increased, which would raise 30 yea...
Rent increases at a rate of 1.6% per year. To calculate total accumulated cashflow, I calculate: income (+1.6% annually) - operating expenses (changing over time) - mortgage payments (constant). At what rate do operat...
I am considering getting my real estate license. I plan to buy several properties this year and I am assuming that I will be able to get +/_ 3% of the commission by having my own license.
What expenses will ...
A Little Backstory
Hi BiggerPockets! I wanted to make this post to give some inspiration to those newbies just starting out or even the more seasoned vets! I set out on my real estate journey with my first investmen...
Hi,I am starting investing in cashflow markets after focusing in the past only on appreciation (no other choice in California) . However I realize that in these markets, profit per unit is so minimal that even a short...