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So, I hear many times, I will live off of the rent from my properties.
That seems to be the goal for many.
It’s such a variable income with repairs, vacancies, rising cost of insurance and taxes, declining rents, et...
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looking to purchase long term buy and hold in self directed IRA (roth).
Asking: 30k
Purchase:20k
10k in rehab, ARV 50k. Rents for $800/month.
I don't t have an offer, because I'm not yet se...
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Hi. New here.We've put two offers in. We were outbid on the first one and I expect to be outbid on the second one too.The problem is, Tampa's a hot market, and these REO's are being snapped up by either occupant-own...
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Hello, I was reading the Slight Edge by Jeffery Orlson and it spoke about compounding time. And I thought How are successful Real Estate Investor spending there time? I wonder, would anyone care to share this informat...
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We recently had a family member offer to sell us his condo. It's in a great area, and the offer price is slightly below that of other comps in the area. Market price is around $180k, we can get it for $160k (using c...
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I am a long-time Michigander and am completely new to REI but have been fervent about research and am super excited about the upcoming possibilities in REI. I currently own a house in Eastpointe, Michigan and will...
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Hello All,
I am new to the RE world, but have been tracking Biggerpockets forums for some time now. I am here to draw out a plan, and would like you know what you Ladies & gentlemen think. My plan is only for Mul...
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I'm about to rent a house to a friend of mine and while I don't have an apprehensions about it (or rather him). I know the practice is fraught with issues and ruined friendships. I'll document everything per my usual ...
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If you had 500k in equity/cash, what would you invest in next?
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New Landlord here!I recently took a phone call from a potential tenant, interested in my rental property. I started running him through the basic pre-screening questions and red flags flew up left and right but I am ...