Hello BiggPocket members,I have 2 bedroom rental in South Florida that rents for $850.month to an Old lady.See called me last week complaining about a mold smell in the property.I dispatched a Handyman that came back...
How do the pros acquire so many properties in such a short amount of time? I listen to the BP podcasts and the guests are always talking about growing 5-10+ units a year. I bought my first house in 2013, and am loo...
Hello All! My name is jeremy, and im a relatively new member of this greatly appreciated and informative site. Im thinking that ill be able to get some good advice and/or info on implementing an idea that ive had for ...
Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
I believe many in the BP community, myself included, firmly stand by "cash flow as the king" while appreciation is looked down upon. I would like to potentially hear the counter argument to broaden my understanding. W...
Ch. 1 Why I Love Rental Properties
Ability to use the leverage
Ability to hustle for greater returns
Ability to manage my investment directly
People always need a place to live
Its worked ...
I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
This is in terms of buy and hold, or BRRRR....But when submitting an offer on a property that is priced well, let say exactly what it’s worth, $100k. You run all your numbers, conservatively, and at $100k, plus renov...
It’s fun to dream about situations like this, but I’m not dreaming... And I do NOT want to screw this opportunity up. Asking for real advice.
We sold our Denver home for $800k, a cash offer, we close in exactly on...
I came across a great article about an accountant who is also a real estate investor. He gives great advice on setting up your real estate investing business. I will have to read it over to really but some pieces t...