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Hello All,My name is Tyrone and I am new to the whole concept of real estate and investing. I am currently listening to BiggerPockets podcast. I’m trying to gain as much knowledge as possible on how to buy, sale and s...
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I fell like there is more to it than just this. I have watched lots of videos on people claming that if you invest $1m dollar into index funds and only take out 4% every year then you will never run out of money. Is t...
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Hi BP Fam! I am in the process of my first 1031 exchange. I had a buyer over the summer that totally screwed me. He led me on and then ghosted which put me in a totally new environment. I'm finally closing but the new...
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Title says it all. Curious to hear what the lessons you all learned after your first year of landlording.
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Very often we see people on here talk about how they are educating themselves by reading books relating to the real estate and lending industries. And that sounds great, until you realize that mostly they are reading...
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In the last week of November my girlfriend and I walked through a brand new apartment and instantly fell in love with it. Everything is brand new (appliances, hardwood floors, etc). We asked the landlord the normal...
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Bought Oct 2020 today Feb 2021 (4 Months Total)completed a successful BRRRR
What’s that?! Read below
I paid $78,000 for it. Property was outdated and distressed. It needed a full revamp to bring it to 2021 stan...
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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...
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For the last 15 years I have been answering questions from unknowledgeable wanna be investors who watched a guru on YouTube and now wants to know where to get the earnest money to tie up multi million dollar propertie...
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Through experience and observation there are endless scams in the Real Estate Industry. I'm a math guy, I do the numbers and can forecast value, so a scam is pretty obvious to me. I've been reading BP on and off for o...