Hello community, I wanted to run a strategy by you for BRRRR in my area. I live in Downers Grove, and am seeking BRRRR SFH in that area as well as a few other similar Dupage County western Chicago suburbs. I'm at the...
What other types of investments do you do?
REO property on market approx 10 days. We see potential and want the house so our offer is cash at full listing price ($69K). Our buyers agent follows all seller agent guidelines and submits offer with 48 deadline. Se...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Hi,My business partner @Andrew Wong and I are running into a problem of basically not knowing whether or not a unit we have is "good" or not.Context: We rent units from landlords, furnish it, and sublease it out (with...
G'Day Bigger Pockets,I hope you guys are smashing your goals for this year.I wanted to inspire you today and share my success story. This is one of the proudest moments of my life as a business owner and entrepreneur....
Long story short.Bought house, needed work, hired contractor with an agreement on price for work. Started work in first of November and told it would be end of the month before it was done. Now we are in the middle of...
Let me start off by saying that I have no previous real-estate experience.
I am 24 years old, $50k net worth, $50k yearly salary. I am looking to buy my own place and live in it. Eventually I want to turn it into a r...
Most advice on BP and all other investor groups focuses on individual experience, anecdotal knowledge, and common wisdom. These things are great, and I have the utmost gratitude for all those who share.
Nonetheless,...
I went to a REI club meeting earlier this week, and the vast majority of the meeting was spent listening to other members' success stories from throughout the year. We were able to hear what other investors have done...