I just purchased “the simple man’s guide to real estate.†Has anyone tried it? I looked at several others before purchase. It cost about$110.00. I got a manual, a contract maker, and I paid $10 to get a coach...
Hi, I’m a novice, trying to get into making extra income through real estate though I do have stable employment. Have just sold a condo and must do 1031 exchange by July 15th. Will have 400K as liquid funds from that,...
So this may be a long post, but I want this to help others who are exploring out of state investing in a new territory like Detroit. I've been in investing in Detroit since early 2023. I started my investing journey i...
I will be taking my pre-license classes in two weeks so that I can get my real estate license. In the meantime I have been researching the real estate industry in general. Lately, I keep running into articles saying ...
Hello All, I have been hearing about rental properties in states like Tennessee, Arkansas, and Michigan that are remodeled and under 100k. I've heard of some being in the 50-75k range. They are being sold by agents/...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Hey BP! Wanted to share a quick story and our progression for anyone who might find it useful. None of this is intended to brag, as there are many more amazing people than us out there. It’s just here as an example o...
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...
To my sisters and brothers in the real estate biz - I'm considering joining Exp Realty and curious to hear your thoughts - positive and negative - on this company/their approach. On the one hand, the stock options, ag...