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I read this article this evening and figured folks on BP may enjoy it. He does a good job of highlighting the key elements to becoming a millionaire for most "ordinary millionaires" that don't get a lot of media hype...
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I am a fairly new (1 year) investor with 2 SFR investments in San Diego in addition to my primary. I am ready to pull the trigger on a fourth property which was going to be another SFR, but after discussing with my a...
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Hey everyone!
What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...
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Hello all, I'm a new graduate and eager to begin my real estate endeavor but first I am considering how to handle my $120,000 student loan debt, which is currently financed through direct federal loans at 6.8%. I will...
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Despite being a part time hard money lender I am afraid I know little about buying and selling existing notes and it is an area I am curious about. I have been reading Lorelei's Legal Lessons which though it is 15 ye...
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Hello,
I'm looking at a few mobile homes as a prospect buy. The average rent is $450/mon. The mobile homes consists of 2-3 bedrooms. Some have 2 full baths, others have 1 full bath and one half bath. Is it against th...
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Helloooo Bigger Pockets! I hope I am posting my question in the right place. Have done some reading and haven't quite found the answer. I am not sure there is one answer but rather perspectives on this question. I hav...
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A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
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Hey BP I wanted to get some opinions on the dangers of over leveraging a property. I am formulating a strategy to acquire a number of properties in the near future using 1 or 2 REPUTABLE turnkey companies(please hold ...
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Hi everyone,I am new to this forum. I have listened to Bigger Pockets for quite some time now and finally decided to get on here because I current own a home in California, but I want to buy a 2nd house out of state. ...