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I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
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I'll try to make this short, I'm about to venture into my first flip, property is $58000, rehab costs $50,000, arv $180,000. My liquid funds are extremely limited so finally I found a hard money lender that will fund ...
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Hey everyone!I'm currently in the process of purchasing my first property. This is a fully occupied 4 unit property in good condition. Each unit is a 2 bed 1 bath around 1,000 SQFT each. The current tenants are paying...
Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...
My girlfriend and I live in a house (with a conventional mortgage) that we don't wish to move out of. I want to get into rentals, but don't yet have the capital to put %20 down on a sfr in my area. I do however have t...
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Hello fellow BP members. Has anyone taken the training provided by Than Merrill's group Fortune Builders? I'm looking for any pros and cons in taking this or any "Guru" type training. Any responses will be greatly...
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A 3/1 townhouse I own in Baltimore was trashed by a Section 8 tenant who moved out at the end of 2016. I spent more than I expected getting it back in shape. Then had difficulty renting it for several months, for vari...
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A tenant was $100 short on the rent and paid me yesterday, the 6th, with the $25 late fee.
I'm thinking, one day, you couldn't borrow $100 for one day from someone to avoid paying an extra $25?
Let's see, $25 inter...
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Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine!
Investors and homeowners, let us know: What do you wish you would have known when you bought your first property?
By responding h...
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I have completed my first BRRRR successfully! It is a 2Br 1 Ba small SFR (Pictures Below). It took me about 4 months to complete this Rehab in from start to finish. I Hired out Most of the Big items : New roof, drivew...