I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $600,000
Cash invested: $350,000
Sale price: $1,254,846
https://www.zillow.com/homes/91-Overlook-Dr-Gainesville...
Some I have been investing for almost a year now and feel like I have learned a ton. Ingot properties in both Indianapolis and Birmingham and have now sparked an interest in Memphis. The reason I like Memphis now is...
I'm curious to hear what people have to say. As an economist/risk professional in the banking space, I feel that I have decent insight into the industry. Those of you warning of a housing bubble... I just don't see i...
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
Did I pick the best time or the worst time to jump in full time as a real estate investor?
December 2019 - I very confidently left my full-time job as an active USMC officer making over 100k a year.
January 2020 - ...
Say it with me: “I QUIT!!!”As Bigger Pockets’ motto says, “Life wasn’t made to be lived in a cubicle.”So I’m not going to any more!!Been a Wild Ride!!Going from nothing - to buying my first foreclosed 4plex with an FH...
Hey y’all. I’m standing on the edge of the cliff of quitting my W2 job and I’m wondering if I can fly. I’m at a point now that many have been in before. I’ve been miserable for years in my career. Instead of letti...
I bought a duplex that I want to house hack. We just listed the downstairs unit and I’m getting a lot of people asking if we work with Section 8. Can I legally tell them “No” because of the ‘Choose your neighbor” laws...
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.