Here is my situation:I bought an investment property and improved it. All-in for $200k cash. I refinanced it and have a mortgage on the property for $450k. I'm planning on selling it now and it should sell for abou...
Hello all. I have ~$24k in car loans for which I had a plan to get paid off in a few months, while continuing to save money to begin investing in real estate... to date, we have accumulated close to $30k, kept in a “...
The 1-2% rule is when you purchase a home for $200k and receive $2,000 rent on it. That is extremely hard to find, yet this video says anything that doesn't follow the 1% rule isn't even worth it, as it most likely wo...
Hello My name is Weiwei and I am a newbie from San Diego, CA. I moved to La Jolla in 2012 from Boston for a job. I am an avid scuba diver and soon fell in love with this beautiful town. I bought a townhome late 2012, ...
Posting for my elderly parents.
Background: my parents bought their house in 2001 for $355K. In 2016 they moved to a one story home due to aging and ended up renting their initial home. Every year the rental has be...
Hi, All
I am practicing analyzing MF deals in small cities in Georgia, such as Columbus, Macon, Griffin, etc.. These properties are mostly in B and C neighborhoods. What are reasonable cap rates I should plug in for ...
Hi BP Community,
I'm looking for advice on whether I should rent out or sell my home in Sacramento, CA. I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area ...
We just bought our first duplex paid 140 cash numbers really are in our favor on this one very excited to keep the ball rolling . Question is in your opinions please tell us the best way to get our 140k back out to b...
I have a kind of an odd questions for fellow landlords or if anyone is in the insurance side.Last year when Irma hit South Florida, I suffered quite a bit of damages on a number of my rental.A particular one is a mult...
Hi BiggerPockets! I'm pretty new to the forums but I've been using BiggerPockets as a resource on and off for a few years. I'm getting more serious about real estate investing- I was a full time architecture graduate ...