Hello all! I'm based in Greensboro, NC (all connections welcome). I've been bitten by the real estate bug and am ready to take action but I have some questions! When I first started my real estate education journey ab...
So I recently signed a contract for my first property, which I am pretty excited about. It's a multifamily in Trotwood, Ohio. The numbers look really good. I have it under contract for $92k, the combined rent is $1980...
I’ve been investing for a couple years now.Quick recap:Huntsville, AL, Cleveland, OH, Detroit, MI, IndyBought B- and C class homes. Couple disappointments, most did reasonably well. Couple Huntsville turned out to b...
Is Zillow (or Trulia, realtor.com, etc) a good place to get comps or do you really want to use Trend or have a real estate agent run them for you?
Since real estate market is very hot in my area.. multi units are literally selling in days of listing with bidding wars. I have a 3 unit which I believe I can sell for 3 times what I bought it for. Averages 1200 mont...
Dear BiggerPockets members,As I read the 7 years 7 Figure Wealth Ebook one big take away for me was to buy with a 20% discount. Other books on real-estate such as The Millionaire Real Estate Investor state too that as...
I have a lady who took out a mortgage on her property for 391 K she has paid 7 K in the property her first 10 years of owning the property was straight interest and she did not get to make payments towards the proper...
What is the best process for shopping around and getting the best contractor to do rehab work at the best price without wasting a ton of time? If I had to meet every contractor in my area (NY/NJ), I would never get th...
Looking for homes in and around Phoenix, Arizona. Prices are high in this area and I think I will have better luck finding a cash flowing property with foreclosure homes. Many homes are going to auction however and so...
If I am taking out a loan for repairs, how does the BP calculator include this in my "monthly cash flow" and "cash-on-cash ROI"?Does the calculator know I am taking a loan for repairs (in which case, I will enter the ...