What is IRR?? How can I understand that complex formula?? I know that it is a rate of return that factors in the time value of money, but still don't get it.

I have been noticing interest rates continuing to drop and have seen them hit 2.5-2.75% recently. As a 26 year old, I have been aggressively putting money into my 401k for retirement and paying off student loan debt. ...

Given that Eviction Moratorium is extended to Oct 2021 and probably will continue to be extending due to the Delta variant spreading, curious if this is a good time for REI newbies to purchase a rental property. I am ...

Hi, I just turned over one of my units and the tenant called to tell me one of the bedrooms smelled mildewy. The room has a high traffic carpet that is going on 10 years or a couple more at this point.  It's in overal...

My younger son joined Bigger Pockets a couple of months ago as we had decided to start investing in RE. He and I have formed an LLC for the partnership. We are going to use a buy and hold strategy investing in sub 50K...

Hi All, I felt like being defeated and have no idea how can I make it work. I talked to multiple local banks who told me that base on my loan to debt ratio, I am only qualified for the loan amount of 100k . I am in th...

After a chat with a friend of mine about how I am not satisfied with where my Real Estate knowledge currently is, I did some thinking and came up with a crazy (I feel) idea. I have nearly 40k in government student loa...

Hello BP,I have been researching/trolling BP for quite some time now waiting until I am at a point in my life where I feel comfortable to start investing in the Rhode Island area. I recently became debt free and have ...

Hi All,I'm in the process of repairing my credit, and I live and work in an area with very little RE investment opportunities. I would like to invest in NW Indiana and Chicago areas which I'm familiar with, but I don'...

Hello everyone. I’m graduating from Eastern Illinois University in the summer and am very interested in getting started in real estate investing. I have been listening to the Bigger Pockets podcast and reading as much...