My goal is to acquire 167 rental properties in 5 years generating $500/month on average.
Im starting my first year and am planning to buy 10 properties in 1 year. I’ll have $50K saved and $8,000 in credit lines.
M...
I don’t mean to burst peoples’ bubbles here, but in my opinion, most investors on BiggerPockets won’t get to a place where they can replace all their monthly income with the cash flow of their properties. Some will. B...
Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...
Today we sent our investors a special update on the impact of Coronavirus to the Las Vegas market. I thought it would be helpful to share it here.
There are multiple canceled events and conferences. Hotel occupancy i...
I was just reading Ben's latest blog post and he brought up some real numbers after owning 100 doors. His experience has led him to the conclusion you need to get $1000 per month(sfh) in order to cover expenses and st...
Executive Summary:Because of the real estate I own, and prospective potential purchases, I wanted to know more about where we are in the real estate cycle in the SF Bay Area. Inspired by great students and researchers...
Are bad news, according to nearly every experienced landlord I've seen chime in on these types of threads. However, it seems that many newbie investors (some with even less than my three years experience) like to chim...
The City of Boston recently enacted regulations that severely restrict property owners from renting out their homes by the night, unless the owner lives in the unit - a move aimed squarely at Airbnb.I don't have a dog...
Welcome to our question of the week! Based on last week's responses, we have a lot of lurkers that have not purchased their first property. Buying the first, or even second and third can feel pretty nerve wracking. So...
Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...