A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Hey team, so this is a super personal post. Read at your own risk lol.I grew up in a family that had 2 - 4plexes and 3 triplexes. I grew up collecting rents with my dad, and working on the houses and mowing the lawns...
Do you guys ever make offers on properties and the real estate agent tells you you're being ridiculous with your offer and that he isn't up for telling the home owner your offer because its too low? Here's a quick run...
It seems that turnkey sellers are sprouting like mushrooms, not unexpected giving all the distressed inventory being snapped up.
Current practice by the largest turnkey sellers strikes me as questionable. Here are a...
Hey everyone. We are selling our primary residence and moving into a travel trailer behind my parents house. We live in one of the nicest neighborhoods in town. I have a family of 6. A kid in high school and all the...
BP,I am in the education phase right now. I am consuming every drop of information I can via reading, blogs, podcasts, YT, etc. I am ready to move forward with my first property as soon as the first of the year, may...
Hi EveryoneI ran across an article from Grant Cardone, Mr. 10X. I think you should all read it. Let's be prepared this time for the downturn.https://www.entrepreneur.com/article/273598Do you think we are in a recess...
To the BiggerPockets community,What have been your best passive investments? By passive I mean less than 1 hour of your time in total a month on the investment. What was the initial cost? How much time did it initia...
When it comes to successful real estate investment, insight and foresight are essential components to a profitable portfolio. Insight brought me from LA to the Oregon Coast in 2018, partly fueled by a recognition that...
In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...