When I bought into San Francisco 10 years ago, after 20% down, I was still losing $1K ish per month per door.... I had to work my day job and saved every penny to support my real estate enthusiam..... But I had hope a...
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
Hello! First post for long time forum reader. Had a succesful investment with College friend 10 years ago and now we are cashing out and going our separate ways. The property is in Texas and has been handled by the...
Hi all,I purchased a 3 bed, 2 bath condo in Oceanside, CA with a VA loan for 0 down in 2017 for $336,000. My mortgage rate is 2.75%, I owe 300K on the property, and the unit right next to me just sold for $530K a few...
Hello,So I get a call this am this guy claiming to be working for the city. He is completely lying pissed I put a few signs up. Telling me the whole deal it is illegal blah blah blah. I am nice but feel like telling h...
Just listened to the recent BP podcast about out of state investing (prices are too high in my area for good cash flow). David Greene talked about finding a real estate agent, contractor, property manager etc in a t...
Hi BP, when I open any forum or social media the hot topic is upcoming housing market crash. But I don't understand what does "CRASH" means in real state. Is it like stock that will go down 30-50%? Looking at the hist...
I am wondering if building would be better than buying. I live in Portland Oregon and the cap rates for multifamily are around 5-6% max.
My idea is to buy some land, and build a 4-plex on it. House hacking on one of...
It would be interesting to hear stories of what some of you did BEFORE discovering real estate;
Is your life dramatically different NOW? Will you or did you make it your goal to be a full-time investor? Does anyone re...
Hi BP community, Please keep reading through this intro to get to the guts of my question.I have decide that I am going to purchase my first multi family property. I purchased my first home in 2012 and held for 8 year...