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I was just wondering how everyone started their endeavors into the Real Estate world. How old were you, what was your first deal, and just what brought you into Real Estate. Just thought this might be interesting fo...
I purchased this 2 bed 2 bath 1349 square foot house in Turlock California about three years ago for 72,000, I put 15,000 into it after I completely gutted it so everything is new inside. I rented it out without even ...
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So my question is what is the real upside if there is an upside to buying property out of the country?I’ve seen a couple of posters that advertise directly or indirectly about different projects internationally. I’m a...
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I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
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I've searched around the forums looking for someone in a similar situation but it seems like not many are where I'm at.I'm 21 years old and just recently got engaged. I don't yet have any investment properties. I know...
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Hi all, I am a newbie to BiggerPockets and am still learning to use the site. But... I need some help Now! I negotiated a discounted rental rate on a 24 month lease back in February with a single woman and her dog bec...
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The Real Estate License Act (RELA) of 2000 is about to sunset. Check out the changes they are making to the RELA regarding wholesaling. How do you think this will affect things?
Excerpt is taken from the article pos...
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Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
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I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
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Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...