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So I want to ask some of the more seasoned investors. I've watched several podcast now and seen several people that go from 0 units to 25 or 50 in just a matter of a few years. I don't understand the financial aspect ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $138,000
Cash invested: $20,669
PP of $138,000. Seller financed at 10% down. 7% I/O for 12 months. We're alr...
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I currently have a rental property with about 150K of equity in it. This was previously my primary residence and has been rented for 1 year. So far the tenants have been paying the rent, sometimes a week late and no...
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Hi,I am new to real estate, reading what I can, watching BP webinars, etc. I have yet to decide on the route of REI I want to take, but I'm positive it will be in the residential rental market.I am having trouble gras...
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I have a dilemma. This is my first post in Bigger pockets. S&P 500 index fund has given a historical AAR (Average Annual Return) of 10 % in the last 60 years and 14.5% AAR in the last 15 years as of today. The AAR...
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Hi BP community! First of all I want to say the podcasts and you tube videos have brought me here and I can't wait to become part of this community! I am a newbie here. I am wondering if my current situation is unique...
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So I just completed my first Brrrr.Purchased house- $235kRehab-15kAppraised value- 325kCurrently rent- $1,950Mortgage- $1,681Cashed out $250,000So I think I did a pretty good job for my first brrrr took a little longe...
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Hey guys,I'm gearing up for my first deal and had a question regarding when you actually make offers/do the final analysis on a property when touring:I know you set up a time to walk the property with your motivated s...
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Closed my first deal a few months now in Houston but I am stuck. To keep it short and to the point, I had to put about 10k more into the property due to a bad contractor. I bought it for a rental property but the work...
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I'm trying to structure a deal with a partner who will not be involved in anyway. They have money, I have time(and some money that I prefer to save for cash reserves or other investments). Is it fair to ask them to pu...