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Good Evening All-I have been scoping Bigger Pockets out for a little over a year (stumbled upon it while searching about real estate) and have been a little self-conscious about asking questions. No one wants to soun...
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I typically look for the 1% rule based on ARV and an all-in investment of less than 75% ARV. Those are the most important metrics to me. What about you?
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Hi guys,You might know that I own a couple of properties in KCMO from previous posts. Those are rentals, and they're doing okay. I've recently been divorced, and even though I have my kids 5 out of 14 days, my mainten...
What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented), if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...
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I own a investment property that is 100% Owned by my LLC after paying back the loan. Now the property in Indianapolis is cash flowing $700 per month. Is this tax free?
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Is there a serious risk of hyper inflation happening with trillions of dollars of printed money being pumped into the world economy by governments around the globe? Historical evidence shows that when too much money c...
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In 2010 I had the rose colored glasses knocked off my face hard and I am trying to understand why and how there is such Happy Talk right now about the economy. I am trying to figure out if it is my pessimism based in...
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Is anyone selling part of their portfolios in overvalued markets before the next recession hits? If you’re in middle income areas are you prepared to make it through the next storm?? What are your strategies??
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Hey everyone.Just wanted to gauge sentiment here. If you are planning on buying property on the next dip, what percentage decrease (I.E. 10%, 20% decrease from price highs) would you target for adding to more properti...
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Hello BP!
One mistake I think many new landlords, myself included, make when starting out is that they don't think about WHO they want to rent to and WHAT unique value / amenity they have to offer those rente...