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Hello gurus,I am new to investing. My plan is to have 10 units/SFH/Condos etc in 10 years. I plan to buy and hold them and rent it for positive cash flow. The plan is to have something around 13k in rents from all the...
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Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
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In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
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So I bought a 3 family in NJ and have gut renovated all apartments and have had great luck thus far but have run into my real first issue. Here is the situationI gutted one of the units (3 bedroom 1 bath) with a new k...
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Hi, I have been into rentals now for about 4 years. We currently have 12 rentals, all sfh's. What I am finding is that essentially we make no money and probably lose money slightly overall. I was very careful when ...
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Total newbie here, considering buying a property to rent (two family home) and hold for 5-10 years before selling.
I'd like to have a break even or positive cash flow and was wondering if there was a rule of thumb of...
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I believe I once read something to the effect of "if you close more than one out of ten offers, you're paying too much." It may have been one out of 30, but I'm curious if others feel that way today. With the books fr...
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Hey folks, Yes, your eyes are not playing tricks on you. I did just say "a new BiggerPockets Podcast." That's right- in a few weeks we'll be launching a SECOND podcast, and this show's format is going to be completely...
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they are a turnkey real estate investor group with a decent portfolio. Anyone dealt with them? I'm curious as to how the compare with other turn key investment companies.
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Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...