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I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
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I am here trying to get started on the path of real estate and am finding that everyone I talk to (minus people on BP) are almost trying to push me away from the real estate world. Comments like "being a landlord suck...
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What do you want to achieve in 2021 and how will you go about doing it?
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Hi BP
I don't know if you agree with me.
But so many post of ppl just wanting to jump right in skipping school.
Afraid they miss the bandwagon or something.
I understand we all wished we started younger.
And I agree...
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Today, I quit my job and I could not be happier for what is to come. I have been working very hard the past few months to establish teams in Chicago, Milwaukee and NW Indiana so I can work in REI full time.Right now ...
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Good evening, I have been looking around at pieces of land in West Tennessee but I am now thinking I should expand into any of the 50 states. I want to buy a parcel of land and lease it out to a company to grow pot/we...
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Hello,
My name is Kristopher. I’m 22 and live in Miami beach, FL with my parents and girlfriend. I am a college student studying Finance, and I also have a part time job at Bank of America. My parents have ow...
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HI! We are very new to this and are in process of making our first purchase through roofstock. We made our bid and it was accepted and before signing the PSA did more research turning up info that the property is ow...
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Hi BP members!I am very grateful that I have found this site; during the last six months, I have been educating myself listening to the Podscast (at least two a day), I´ve been reading your blogs, discussions, and the...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...