Account Closed
$1 Million In Rentals - How Much in Reserve?
Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
Mary Jay
When would you buy a property with a negative cashflow?
Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...
Daniel Lynch
Should I charge my Girlfriend rent?
So in the next few months I plan to buy my first duplex! I plan to house hack; rent out one side and live In the other. While running the numbers a thought crossed my mind about my girlfriend paying rent. Here’s the t...
Madeline J.
Ethically investing in poorer urban areas
For a few months I've been learning about how to use my unused income from a full-time job to invest in real estate and have been reading lots of books like Hold: How to Find, Buy and Rent Houses for Wealth, Brandon T...
Terry Lao
What sacrifice have you made for down payment?
I have heard a lot of posts about how to buy real estate with no money down, low down, first time buyer program, etc. All these paths are possible, but they are financial decisions that you are now just realizing when...
Cal C.
Poll how much money has BiggerPockets made for you?
I'm not going to get too inquisitive here, so lets simply use the numbers below. Please select the number that is most appropriate. I personally have made more than $100K.Over $1,000over $10,000Over $100,000Over $1...
Bao Nguyen
Financial independence from passive rental income: how long does it take?
Like many other real estate investor, I seek to buy and hold real estate, and enjoy the cash flow and any possible appreciation. However, since my target properties are lower end properties that often requires rehab...
Vivian O.
Have submitted 6 offers so far....
So, let me just say, this market is nuts! My boyfriend and I have been actively searching for properties and submitting offers and we don't get picked. Our realtor who also invests in real estate has helped us submit ...
Casey Roman
My Cash...is Worthless.
I have been trying for years to reinvest $100,000 into some form of real estate and have gotten absolutely nowhere. Because I own my own business and deduct HEAVILY off it, I qualify for zero mortgages, even with perf...
Alex Silang
Why do you want to be superwealthy?
Just an honest question.Besides being able to "retire early" and maybe do a couple international trips a year, why do you want to acquire a massive amount of wealth? I used to fall into this category. But then I switc...