In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
With apologies to J Scott - typically, my team and I refer to our houses by the street number. In this case, we have two houses side-by-side, and referring to them by the street number is confusing everyone... so we'r...
I got an offer accepted and I am so high I cant even see straight.I do NOT want to mess this up. It took me 2 months of spending my fortune to get this one.Can you lovely people walk me through this?What is next?So I ...
Hi Everyone!I am originally from Erie, PA. For those of you who are not familiar with the area, the winters are pretty harsh. Extremely cold weather and LOTS of snow. I am considering what to do for my first investmen...
HiI have just joined BiggerPockets and am amazed at the amount of information available and the way members are helping each other out. Thanks to everyone taking time out to reply to queries.I am a recent Canadian Per...
Hello BP community,
Earlier this year, I started my real estate journey. For the past few months, I've been accumulating as much information as possible. I've read a good amount of books, been listening to podcasts, ...
Could we see another substaintial downturn in the market?
It's funny how quickly the media swung after Monday's huge gain. Everyone said how it was over sold and this was due. They expected the market to float closer...
Hi, I have been into rentals now for about 4 years. We currently have 12 rentals, all sfh's. What I am finding is that essentially we make no money and probably lose money slightly overall. I was very careful when ...
I'm developing a software designed to simplify the networking process for real estate investors. If you're open to providing feedback or exploring potential partnerships, I'd love to connect.Please feel free to commen...
Hi guys
My profession is a contractor and project manager but i live in California.
Im new to the BRRRR and i would like to start investing my first property in Cleveland, Ohio.
I kind of still wonder if its good ...