Hello Bigger Pocket! 🎉I would love some help and guidance! I purchased a home in Dec in Los Angeles specifically Woodland Hills Ca. This purchase was not originally an investment, but my new goal is to use this as my ...
Hi All, My goal is to purchase a multi family rental in 2018 and house hack it. I'm curious to know how much you all budgeted for reserves when you purchased your first deal? Would you take your 401k into consideratio...
Economic Update(Monday, November 16, 2020)
Last week, the stock market roared higher on the news that a highly effective Covid-19 vaccine appeared to be just on the horizon. That was great news, but there’s still ...
Hello BiggerPockets! I'm getting closer to my Deal #1 seems like (closer than I've ever been)...and I'm getting a bit nervous thinking about monthly payments I'll owe to the lender. The property I'm looking at is curr...
My father has a reverse mortgage on his home. I don't know much about them.The home is in relatively good shape but there is some definite deferred maintenance needed like a kitchen/bathroom remodel, removing the wall...
My wife and I recently attended an investment seminar / meeting and were simply amazed at many things we heard. They all fit under the general category of ignoring risk. You could also call it creating houses of car...
Hi everyone my name is Isaac. Im a wise, intelligent, honest, and hard working beginning investor. Im 100% sure real estate investing is what i want to do for the rest of my life and so don't hesitate to message me [e...
My team and I have come across our first potential rehab project and looking for a little insight from bp. It's a 3/2/2 block 1966 in nice condition, it's on a busy main road directly across the main road (40 feet) fr...
Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
I see this question every day at least once on the forums so I thought I would answer it for the majority of people. I was going to make this a blog post but couldn't figure out how to do it. What I am going to outlin...