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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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Hey,I am a Wisconsin investor and I consider start investing in TX.I have LLC in Wisconsin. Could you please advice regarding the following:1. Can I use the Wisconsin LLC to hold my TX properties?2. Should I do it? A...
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Hi BP Community,This year in June I purchased my first buy and hold property - a duplex. I know that it is important to have cash reserves set aside for unexpected issues that may arise with the property. However, sho...
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I'm curious how other investors are feeling about Houston and Texas markets.Currently in my small to medium size portfolio of 9 properties over 5 states, I'm most worried about my Houston and texas properties.#1 Had m...
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I'm interested in learning something about BiggerPockets' users, and thought that you all might be interested as well. How do investors come to own rental property? While I'm sure that many methods are used, what are ...
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I have heard quite a few reasons for living in various areas. Weather, family, politics, job transfer, college, etc. However, I don't recall ever hearing someone say they moved to a particular area because it was la...
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check out this interpretation of the case-shiller index over the last 30 years. Basically several huge, long run ups, and a few short, minor corrections. Tricky and challenging to get in, but this is how you make the ...
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I've been an electrician in Washington (the real one..) for 10 years, residential, commercial, and industrial. I've learned a ton from BP so this is me trying to give back with knowledge of something I know very well....
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While cash flow is great and I strive to cash flow as much as I can, in the long run could this strategy be less profitable than buying & holding in a market that will see high levels of appreciation?I hear folks ...
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Or are we going to see slow and steady 2-4% appreciation for the next 30 years like a "perfect economy"