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Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
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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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https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...
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Im a newbie investor no deals under my belt still just learning. I want to start off my journey in investing rentals .What are some major DO-NOTS when it comes to real estate in detail and examples would be great as w...
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Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
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How would I be able to buy a property initially and cash out refinance utilizing the BRRRR strategy if I cannot prove income right now? That's the biggest hurdle I'm experiencing in planning for my future cash flow pr...
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Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
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I know this may be a weird question to ask on a real estate forum (Im thinking the vast majority of responses will be pro real estate), but I wanted to get some different perspectives from the BP community. I current...
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I was once a buy and hold investor. Then one day, my light was turned off by the power company, in the house I lived in.How could that happen? I had 40 houses, but I was always robbing Peter to pay Paul. Edison, the p...
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Hey BiggerPockets family!
My wife and I (mid-40s) are motivated W2 earners with a rental property under our belts, eager to expand our real estate portfolio and create significant passive income. We've set ambitious ...