Shiloh Lundahl
Realistically most investors won’t replace all income W/ cashflow
I don’t mean to burst peoples’ bubbles here, but in my opinion, most investors on BiggerPockets won’t get to a place where they can replace all their monthly income with the cash flow of their properties. Some will. B...
Brandon Schlichter
Started out with $25k 5 years ago, now I have 90 rentals!
I posted this elsewhere but figured I'd share my 5+ year ongoing story of buying rental properties to encourage members here. Personal Background
Most of my childhood was spent growing up inside a tenant house on a...
Bradley Shuhart
How much negative cash flow is too much
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Brady Mullen
The Cost of Waiting - A Different Way to Look at It
You've probably heard the "would you rather" scenario about being offered $1M or a penny that doubles every day for a month, right?
Well, consider this little twist…
So, in case you haven't heard, a penny that doubl...
Michael Warinner
I dropped out of college last week.
I’m 20, and I just dropped out of college to pursue RE full time. It’s not that I was bad at school- I had a 3.1 GPA heading into my junior year, but I just decided that since I have clarity on what I want in life, th...
Kevin Moules
FIRST BRRRR PROPERTY! COME JOIN THE RIDE!
Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...
Kelly Beasley
Splitting profits- 50/50 or no?
Hey fellow real estate freaks!
Ok, so I did a search already about doing investing with a partner. Not quite finding my answer. And I'd just like to hear what your input is about this.
I want to start investing. Y...
Steven Smith
Purchasing A 4 Unit Property With Negative Cash Flow. Bad Idea?
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
Trevis Kelley
My First Deal Analysis - Round Two
Since my first property I was seriously looking at fell through, I thought I would try this again. Hopefully it is a winner this time.@Bram Spiero I just wanted to let you know that I am evaluating another deal agai...
Jeremiah Dye
Dress for success, really matter??
Hello all! I was just thinking before I go to a new small bank and inquire about financing and opening new accounts, how important are the clothes I wear? Let me tell you about my everyday work attire, I’m blue collar...