![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1646773/small_1621514449-avatar-mikeg427.jpg?twic=v1/output=image&v=2)
I am closing this week on my first property, which I will use for short term rentals in Palm Springs. I have done pretty extensive research on what to expect with city regulations and have used a lot of online tools t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/247155/small_1621436006-avatar-jcpropertygroup.jpg?twic=v1/output=image&v=2)
Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/52911/small_1668272119-avatar-bryanhancock.jpg?twic=v1/output=image&v=2)
There have been some threads recently talking about working hard, spending less than you earn, etc. so I thought that there would be a thread on the subject book. I couldn't find one so I thought it would be a good i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/71233/small_1621414492-avatar-jthomasmartin1.jpg?twic=v1/output=image&v=2)
This forum is for anyone coming to my Networking Summit who would like to talk about the Arizona market and start connecting before the Summit! (see website in signature).@Patrick O'Sullivan reached out from the Phoen...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2706393/small_1694647147-avatar-jakem405.jpg?twic=v1/output=image&v=2)
I am considering acquiring properties to be rented under the section 8 program. My thought is, buying between 50-90k livable (or less than 10k rehab) and being able to rent for 2% or at least close to it trumps the ca...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/515698/small_1621480625-avatar-wesblackwell.jpg?twic=v1/output=image&v=2)
The other day I was having a discussion with some associates about the upcoming Presidential Election, and one of them brought up the Democratic Candidate Andrew Young and his Universal Basic Income Plan called "The F...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/5028/small_1621347243-avatar-mouschi.jpg?twic=v1/output=image&v=2)
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/52691/small_1621411729-avatar-larryk.jpg?twic=v1/output=image&v=2)
With the rent to price ratios so high are we at a disadvantage? This applies to 1to4 Fam and larger commercial deals, also with very low cap rates. There must be an upside. Any ideas?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/874923/small_1621504793-avatar-tjw13.jpg?twic=v1/output=image&v=2)
I live in Long Island, NY, where hideous shacks cost half a million and only rent for $2000 a month, so I am excited about investing long distance. (My first investment duplex in NY metro is cashflow negative-I hadn't...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2696572/small_1714681310-avatar-christopher1027.jpg?twic=v1/output=image&v=2)
Listening to all of the podcasts and reading the BP books / Rich Dad Poor Dad types makes it seem like building a portfolio and scaling smart could lead to early retirement and living on cash flow that ultimately repl...