What’s the easiest way to become a millionaire? Buy $1M in real estate and use other people’s money (“OPM”) to pay it off over the next 20 years.
Prior to November 2017, my real estate portfolio consisted of one dup...
I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...
There are only a few remaining markets where real estate investors can get double-digit returns on rental property. There are even fewer markets where you can get high cash flow AND high appreciation. Thankfully, we k...
I’ve been doing a lot of research lately and I wanted to share with you guys what I have found about the correlation between unemployment, delinquencies and housing prices. During the 2008 housing crisis the housing ...
The 179D Energy Policy Act gives taxpayers a deduction for installing energy efficient assets such as the building envelope, HVAC and lighting. It is for apartment buildings greater than 4 stories and newly constructe...
Investing in real estate during a recession makes many people feel like a long-tailed cat in a room full of rocking chairs. For others, it’s an exciting opportunity.
In my 30 years of real estate investing, I’ve see...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $225,000
9509 Briarcreek Drive, Oklahoma City, OK 73162
Quick question BP folks,
My tenants lease is up as of November 1st, 2022 and I am contemplating selling the property: As of right now I could walk away 200kish tax free because I have lived in the property 2 out of ...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
A Little Backstory
Hi BiggerPockets! I wanted to make this post to give some inspiration to those newbies just starting out or even the more seasoned vets! I set out on my real estate journey with my first investmen...