Hey All - I'm currently in my initial stages of my RE investing journey, but wanted to get opinions and advice on balancing my aspirations for the day to day real world time and financial commitments necessary. I'm cu...
Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...
I'm an investor in NW Indiana. We have done a few successful flips over the last couple years. On the houses we have done, our strategy has been to do a quality rehab and try to drive up the resale value of the house....
Hey, I am looking at some BO properties on Auction.com. Is anyone willing to share their experience with these type of properties? This one currently has an occupant.
I see a bunch of incredibly cheap properties (under $10k for SFH) in Detroit. They are currently rented for about $600/mo and appear fairly close to downtown. I know that people were fleeing the city before, but wit...
Hello Bigger Pockets financial geniuses!I am not totally new to the world of real estate. I have purchased and sold 3 houses in my life but have never considered any options other than selling and upgrading. I am at...
Hello everyone, my name is Scott Lewis and I’m excited to be a new member of the BiggerPockets community! I currently live in Wilmington, DE where I work full-time as a research scientist. My wife and I are in the pur...
It's common sense not to put all your eggs in the same basket, but how do you apply that saying to real estate investment?
I.e. if you have to buy 5 properties which you intend to rent out:
- how many of them would ...
Hello Everyone, I’m a new member of the BiggerPockets. I’m also quite new to the real estate investing. After learning from the books and the podcasts, I decided to start to analyze deals and maybe buy my first rental...
List Price: 235kReno: 45kARV: $340kHOA: $100 / monthZillow Rent Estimate: $2,300I couldn't find any information on current investor mortgage rates, so I used 8.1% (my HELOC interest rate) for the calculation. My credi...