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Hi, the goal is to get $4000 per month of consistent cashflow. This needs to happen WITHIN 4 years - basically by the end of 4 years, the $4000/mo cashflow should be consistent. I know many variables can go into play,...
Me (and wife) are from Tennessee. My brother and his wife are from California. WE are planning on buying our first single family rental property in Tn. I and my family will be the first "tenants" for the property. Ou...
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Hey everybody, I'm Jordan Page from Birmingham, AL. I'm 24 years old and quite new to BiggerPockets & REI as a whole. I have a few questions about getting started in mutual partnerships, particularly 2 of my close...
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Hey guys, I'm just getting involved in the real estate game and trying to figure out how to finance deals. Here is my situation.
I am currently a fourth year medical student with ~$150,000 debt, some of which is at 6...
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What are everyone's thoughts on purchasing land where city development is scheduled to occur? For example, a downtown park is scheduled to expand in a few years and there's a house within a few blocks of the expected ...
I made a goal to buy a duplex by screening for ones that follow the 1% rule. However, I've looked around at the Bay Area and Sacramento using redfin, and I'm not finding anything that really meets this criteria. Even ...
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I’ve always been a strong believer in diversification, or in other words, not putting all of your eggs in one basket. Typically, when we want to learn about how to diversify our assets, the information provided throug...
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I’ll try to make this short....44yro married with 3 kids, good paying job, very conservative Primary residence in Southern California. Owe 480k, property worth 1.5mil. Locked in at 2.65 for 30 years.Rental Southern C...
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My "net" income for one of my rentals was $330 before PITI, PM fees ate $140 of that. NET was reduced by 43%. Consider that the next time you think someone else can manage better than you.
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Good mornin’ everyone!A few crucial members of your team that you need to self manage your property include:1.) Go to handyman! - A go to handyman is absolutely crucial to take care of some of those miscellaneous and ...