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Hi, I currently put 600-1000$ a month into a fairly safe 5% interest bearing account and I want to start putting about 100$ a month into something that is more high risk/high reward as well. I am considering doing thi...
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Hi BP community, Before I write about my specific situation - I really appreciate any replies, thoughts, or comments in advance. It's a pleasure learning from everyone here. Please feel free to be as critical/constru...
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@Joshua Dorkin , I wanted to ask if you could put together something structured (podcast, extended thread, book, etc) about the 07-08 real estate crash. A lot of us got burned badly during that time so it would b...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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Recently, I've been experiencing some confusion as it relates to cash flow, expenses, and the concept of self-sustaining properties.At some indeterminate point in the future, I want to have replaced my monthly w2 inco...
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When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
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Hello Bigger Pockets. This is my first post. I recently lost my job here in the Bay Area in CA. And I am at the very beginning of my exploration into passive income by investing in rentals. I have a house that I inher...
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Hello Bigger Pockets Community ;) I see we have a podcast coming up on February 20, 2019 on regarding this topic but I am curious, how did you purchase your second property?I have about $50K in equity but Ive been rea...
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Hi all,
This is my first post on BP - I looked around for similar questions/answers and couldn't find a good match so I figured I'd go ahead and post; hopefully this is the correct forum for my question. First, a li...
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Hey all,
I hired this contractor to do some balcony work on my property. I paid him 50% of the final price as agreed in our contract for the completion of 50% of the work.
However, it turns out the work was of low ...