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My virtual assistant found me a motivated seller. The seller wants $50,000 asking price. The house looks to be in poor condition in the ghetto. Should I make an offer considering where the house is located? Its condit...
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How much of your rental property cashflow should you live off of? For example, if I cashflow around $30k/month, how much of that should I ACTUALLY be spending on my lifestyle? What percentage should go towards my pers...
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2009 - 2012 were fantastic years to quickly accumulate wealth. Many of us took advantage and the ones that were able to buy and hold in mass have built substantial balance sheets. When I first started, my goal was to ...
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Hello Bigger Pockets Community:
I was wondering if I could get your thoughts and opinion regarding investing in a bad neighborhood.
I've been searching for my first property since September. I was moving along nic...
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From what I understand there are four ways to make money from a rental property:
1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...
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Has anyone found a creative way to either avoid having to put down the EMD or a source who might supply such when dealing with a bank? :idea:
I have a potentially AWESOME deal and need a creative way to get around ...
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First of all, I would like to thank BP and BP community because this deal has BP written all over it. This property was first mentioned in the post on BP here:https://www.biggerpockets.com/forums/223/topics/15... Afte...
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What I am about to reveal below is a chapter of my life that, truth be told - I am embarrassed about. However, I have decided to share my story to inspire and teach a lesson to all investors, specially newbie investor...
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This quote says a lot about me. First let me begin by saying I am new to the world of real estate and have been learning so much this entire month. I stay up late and wake up early to make time to learn. My inspirati...
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Anyone here that does foreclosures feeling guilty at times? Basically, we're taking advantage and profiting while others in bad shape. I would like to do this niche, but having second thoughts due to my conscious te...