Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
I’m just starting out. I’ve been reading like crazy, analyzing deals CONSTANTLY, driving neighborhoods, talking with my real estate agent, meeting with investors currently in my market (and other markets).But when I t...
Hello Everyone!
I'm trying to convince my finance/MBA friend why REI is a better business decision than investing in the stock market and I'm not sure he's convinced. What is the best article on BP you've re...
I was introduced to a program called “Freedom Mentors,” by a friend, where you pay $15-25k to be coached on investing and you have to split earnings 50/50 up to your first 500k and then you’re out of the program and o...
I keep getting directed to this website from all over the place. There are tons of people marketing it. What are all of your thoughts on it? Anyone used their services? Do you think this is a viable technique?
Bought my house in upstate New York this year. The tenants in the other unit were served an eviction notice just days before Covid hitting. The marshals were supposed to arrive but their office closed right after th...
Hi BPM(Big Pocket Members)!
I have a thought I'd like to run by you all to see if you think it's actually doable.
I have a goal of having 1,000 rental property's here in Oklahoma in the next 25 years.
Here's the...
I live in the bay area and am looking to invest for cash flow. California isn't a great place to do that right now. I hear that the mid west tends to be the best place for cash flow. I was wondering what cities are p...
Does anyone for see another housing crisis like what we had back in 2007. I heard economist Harry Dent speak on this about 3 years ago in Atlanta. He predicted a housing market crash sometime between 2016-2019. Let me...
I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...