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So I'm sitting on about 1.4 mil in equity right now. Projected to be nearly 3 mil in five more years. But let's say I have some hardships along the way so I conservatively figure I'll have 2 mil. I could retire with m...
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Hello everyone!!!
I’m exploring the idea of investing out of state. I been researching Detroit, and it looks like there can be potential there. Any advice on the Detroit market? Any zip codes you guys can recommend?
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The president of my local REIA advised newbie note investors to read Invest in Debt by Jim Napier. It was extremely helpful for me & very interesting IMO...in fact I just got it last night and have already read t...
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noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
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Ok for the landlords out there question.
I did math on a bunch of properties and saw in my area the only way to make positive cash flow on a property is that it starts around 6+units which is like 800k starting, and t...
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I know ‘turnkey’ has been a hot topic as of late, but I am wondering who is out there regarding truly vertically-integrated “turnkey” providers or “fully-managed” providers. My thoughts are that there would be signifi...
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Hi BP community!I am a 24 year old living and working in NYC. This past winter (Feb 2017) I got the Real Estate bug by stumbling upon Clayton Morris's podcast. I listened to episodes 1-100 in a matter of months. I ...
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https://www.cnbc.com/2020/06/11/manhattans-empty-apartments-new-leases-plunge-62percent-in-may.html
“The supply of available rental units continues to accumulate,” UrbanDigs said in its report, which looked at all ...
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INVESTORS! If you could use the knowledge you have now and start from the beginning of your investing journey with $150k to start, how would you invest it to scale cash flow fast? I have spent a lot of time learning t...
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Hi, All. I've been looking for a multifamily property, and finally came across one that seems to work. All 4 units are rented for a total income of $2,235($26,820/year), with overall expenses of $7,630. So Net Inco...