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Hi, All. I've been looking for a multifamily property, and finally came across one that seems to work. All 4 units are rented for a total income of $2,235($26,820/year), with overall expenses of $7,630. So Net Inco...
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I just finished reading one of the most incredible and shocking articles for the real estate investing industry. It is about a "professional tenant" (read: dirtbag) who may just be the worst there is.
If you are a c...
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I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
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Ok so I am extremely embarrassed to put these numbers out to the public but hopefully someone can learn from my amateur mistakes...I bought a house in DFW area from a Turn key provider, apparently the best in the busi...
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I just spent 3 days at a Fortune Builders seminar as a newbie. It cost $100 each for me and a friend.
I feel I got more than $100 value from it. Highlights:
Forming my LLC in Nevada because of the stronger corpora...
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I keep seeing these Investors advertizing that you can start wholesaling/ rehabbing with NO money and/ or bad credit ? I don't want to pay for these courses only to use up what money I do have to line their pockets. T...
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Hey All --After many months of work, the New BiggerPockets is now here!If you're on the old site, click the link at the top orange bar and you can start using it today or go to http://beta.biggerpockets.comWe've got a...
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What do you guys think about solar panels? I'm considering them for a primary residence that we just bought for ourselves.
Salient points:
- One of the more expensive homes in the neighborhood at a litt...
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Hello BP Folks, What is your cutoff for cash flow per door? This is more of a poll. No need for explanation or rationalization but feel free to elaborate if you like.
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I see so many comments that tile showers are better than shower inserts.For ease of installation as well as cleaning and mold/mildew resistance, I like a shower insert better. While I'm taking a shower, I don't look a...