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Results (4065)
Account Closed What is the cap rate in your city?
19 October 2020 | 71 replies

For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...

Shiloh Lundahl Rich Dad Poor Dad’s investing principles - GOOD or BAD?
12 January 2020 | 80 replies

Many people on BiggerPockets (at least on the podcasts) have credited their start to investing in real estate to reading Robert Kiyosaki’s book Rich Dad Poor Dad; myself included. However, there are also some investor...

Kai Sato-Franks Dave Ramsey recommends buying everything with cash!
30 April 2024 | 140 replies

Hello, What have you done what do you prefer? What are the pros and cons of both? Have you guys bought real estate (multifamily or single family) in cash and rented them until you saved up for your next investment to...

Heidi B. Are we reliving 2006 in 2016?!
26 September 2016 | 104 replies

When we purchased our 3 unit bldg together (newly married) in 2006, there not yet any red flags of the pending housing crash that reared its ugly head that very same fall.  Some say 2008 but this part is not impt to t...

Marcus Auerbach Newbies: investing is not rocket science - don't let the gurus tell you otherwise
11 June 2024 | 116 replies

Alright, I just read a post from a guru pitching services on BP. I did not want to respond with what I really think, but let me tell you my story here instead.
In 2007 I went to a RichDad seminar: after the free Thur...

Peter Vekselman Success Rate in Real Estate...Shockingly Low
19 October 2023 | 203 replies

If you had to guess, what is the success rate in real estate investing?  Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...

TJ Walker How to rationally select a long-distance market for investing?
10 January 2018 | 70 replies

I live in Long Island, NY, where hideous shacks cost half a million and only rent for $2000 a month, so I am excited about investing long distance. (My first investment duplex in NY metro is cashflow negative-I hadn't...

Nicholas Brady How important is a bachelors degree as a real estate investor?
15 January 2020 | 158 replies

Hello there, I am new to the Bigger Pockets Community and real estate investing in general but I am eager to learn! One of the first things I am curious about is how important is finishing a college degree in order to...

Ethan G. $20 Oil and non-Houston Markets
8 March 2016 | 67 replies

I'm in Houston and work as an attorney with only energy clients and my business has been severely impacted.  I've also seen the real estate market locally cool over the past 6 months and the trend is down.How are thin...

Joel Owens 100,000 isn't much anymore
12 November 2012 | 25 replies

I just read a very sobering article on Comcast just now. Only a little over 6% make 100k a year or more in the nation.

Adjusted for rising costs many are just getting by and unable to save much.
Hyper inflation hasn...