I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
Where does cash flow come from?I find that most people have never considered this question. When I ask, “How much money do you need to produce, in passive income a month, to be comfortable?” the average answer is $10,...
Hello everyone-
not sure if this has been covered but I would like to know how long would one have to stay in said property to escape Capitol Gains and within what amount of profits?
Also if someone pays taxs throug...
My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...
Hello all, I want to become a hard money investor. What do I need to get started? What’s the going rate, what should I charge? Thanks in Advance.
Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...
I'm currently renting in Los Angeles and the rents are super high. I
want to buy a property, but I am a little afraid especially after the treasury department said we are looking at early signs of a recession. I
w...
I am would like to start investing in real estate but am in my late 40s. Anyone investors on BiggerPockets start that late in life? Any suggestions? Thanks in advance.
This is a long story, but I'll spare you the details. A tenant has been with us for four months and problematic since day one. She's from a particular state where people are known to be entitled and demanding and thin...
I cannot count how many times I've seen a post on BP from someone young-ish saying how they just want to quit college (or their job) and "jump" into Real Estate. When I see these posts my brain immediately chuckles (n...