So I have 1 property worth $650,000 in miami beach, I still owe $232k on my mortgage, Im making bi-weekly payments and paying an extra $1000/mo and its leased for $3500/mo and maintenance + taxes are around $1300/mo. ...
Related to the "Car Enthusiasts" thread. What vehicle(s) do you drive now and why was it your choice?
So I hear people talking big game about owning Properties long term and the cash flow going up.In some states that are high property tax state like Texas here is what I have seen. 1. The taxes and insurance are increa...
What do you guys do, double close so the end buyer doesn't see how much profit you made or you do an assignments of a contract?I typically do double closing (and pay extra closing fees $500-$1000) for double closing (...
Hello there, I am new to the Bigger Pockets Community and real estate investing in general but I am eager to learn! One of the first things I am curious about is how important is finishing a college degree in order to...
Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
Sorry I didn't know where to post this questions, but since that company UDW (Urban Detroit Wholesalers) caters to investors that want to rehab and rent or flip, I am asking for reviews.
Any good or bad experiences wi...
Remember that guy? He was on TV all the time. He talked about buying houses and making a fortune. He never talked about tenants, repairs, evictions, problems, etc. I wonder what happened to him. I know that Tom Vu wen...
Let's discuss Jerry Norton's Powerflipper 3.0 with a finder's fee of $10,000 for any deal you find them. I THINK IT'S A SCAM. If anyone has had success of has had a deal accepted by them where they actually paid the...
To borrow or not to borrow, debt free is the way to be etc etc etc. The way I see this is a risk vs reward. How do you decide though where the risk is to great or the reward to little? How do you decide to purchase a ...