I just decided a week ago that I need to be financially free in 6 years. My goal is to own a multi family rental that generates $200000/year or more. I have to start off small because I don't have $2 million dollars l...
I’d like to share a story about a frustrating experience that lenders in the private money space experience all the time.
We are a private/hard money lender and we get a ton of requests from real estate investors and...
Hello everyone, I am a newbie to investing and to Bigger Pockets. I have a question and would like to hear your opinion about whether it is better to invest in buy and hold in Las Vegas or Los Angeles. Las Vegas real ...
Hi,I am a newbie to REI. I am interested in Non Performing Notes (NPN). I have looked at FCI, Watermark, Granite and PPR. Nothing impressive to buy at the moment.I am aware that NPN are mostly traded in bulk tapes bet...
Hi All, I'm a long-time member, first- time poster.My husband and I tried a couple times to refinance our two SFRs in Las Vegas, both of which we bought with cash in 2011 and have had good rental yields since then. ...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
I have a friend that has been looking for a house. She has found 2 that she really liked but when she wanted to put an offer on them her realtor wouldn't. She said the sellers (of both different houses) had paid almos...