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I am considering selling my sfh rental. Currently I am getting a 17% cash on cash return on my $35k investment. $500/ month net rent after expenses. A great deal, but there is 100k equity wrapped up in the property th...
First post! Thank you for having me. Here is my introduction and issue I'm facing breaking into real estate. I grew up in Austin and make 35K freelancing. I expect my income to increase gradually each year. I know rem...
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Help me understand.How does the average Joe keep rolling endless BRRRRs? The math doesn't make sense because at some point the front end DTI will exceed criteria, even though the investor is more than solvent.
So let...
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Hello Everyone!My name is Chris Parker and I've been lurking around BP for about a month now. I've gradually made my way from reading blog posts and searching the forums to listening to the podcast and finally making ...
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If you guys had 300k to invest, would you put 80-100k down on 3 properties each making 500-800 after the mtg and expenses OR on one solid 250-280k property with no mortgage and make +/-2000 after expenses? Does mortga...
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Hi all,I’m currently a travel nurse and would like to start real estate investing with the money I’ve made and saved from my job(s). Flipping, rentals, and Airbnb is what’s been appealing to me. I’d like any advice on...
Hi everyone,I’m looking for advice on how fund downpayment/ closing costs for rental properties to maximize the amount of units I can buy per year.Should I save the cash, use personal credit of line, home equity ( I o...
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Hello All,
My wife and I are healthcare providers gradually burning out and looking to diversify our income by entering the world of real estate investing. We presently rent in FL with the plan to relocate home to so...
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Hi everybody! I'm a new member and wanted to introduce myself. From what little I have read so far, this looks to be a great site and a place where regardless of your experience or knowledge, more can be learned.
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Hello BP Fam,I found a 4plex in Texas, at a decent price, but the rents aren’t at market. I highly doubt anyone would want to pay an extra $500 a month in rent, so I’m thinking I’d have to evict everyone. Is this a ba...