Hello BiggerPockets community! I'd like to take a moment to thank everyone in advance for all the care and considerable knowledge that's been put into this site. It's an incredibly powerful resource that I've lurke...
Hi all, after chairman Powells speech yesterday, it is clear that the fed is committed to fighting inflation by raising interest rates and selling bonds. This will have a negative effect on the housing market due to l...
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Hello all...I've been reading BP for a while and joined about a week ago. My wife and I live and work in the middle of Silicon Valley. We are originally from Texas and we own a SFR in Las Vegas that is rented (with a...
Attending the 3 day Multifamily Mindset seminar. The coaches and speaker are very knowledgeable but, then you get hit up for $40,000.00 for the mentorship program. Is this needed or even worth to get my foot in the do...
Here's a self-serving question - for those of you out there who have been regularly using BiggerPockets for months or years - when did things "click"? When did you realize the power of BiggerPockets and it's ability ...
Hi all,My name is Matt, I am 25, and looking to begin my journey to financial freedom. If there is something I see the most regarding building wealth for retirement, it is to start early. So that is exactly what I a...
Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!
That said, I need some guidance on next steps.
Step...
Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market. Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...
Is there anyone out there that has bought land to hold and thought of creative strategies to turn that land into cash flow? I have heard people making a killing with airstreams/rvs on land and airbnb, renting the land...