K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Account Closed
14 year old looking to build capital
Hi everyone, my name is Michael I'm 14 years old and I live in westchester county in New York. I want to start some sort of llc or other corporations so I can sign contracts and invest in real estate before I'm 18, wh...
Scott V.
Just put a deposit on a sports car. Am I a complete dummy here?
I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...
Greg R.
Housing crash deniers ???
Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
Eric Justice
Buying property-All Cash
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
Brian Adams
I quit my CPA Job to buy Large Apartment Buildings
I have always been fascinated with real estate.I started in 2000 investing in a couple rental houses.My "AHA" moment came in 2008 to move away from the single rentals and graduate up to large apartment complexes.My ba...
David J.
How BiggerPockets created 100k in net worth in 4 months
This is a long overdue thanks to the BP community as a whole and the mentors and friends I have met through BP.
By way of background, my core investing strategy is buy and hold. I hav...
Sam Alpha
How would YOU tackle this foreclosure deal?
Hello,I will try and keep this as short, but detailed as possible. My experience with RE is at best limited to the BP podcasts and a little reading material, as I have only decided a few months back, that I would like...
Jonathan R.
Pocket Listings to be banned by National Association of Realtors
If someone can post a recent article in the news that would be great, apparently the National Association of Realtors is banning pocket listings by May, 2020; some areas this ban already applies.
Personally, I think ...
Arthur P.
Coronavirus and late or no rent payments
What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.