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I am thinking I won't have to wait for more than 1-2 years... Your thoughts?Most of my coworkers, especially those in the early 30s, have bought and have a mortgage that is $10K in monthly PITI... Tough.....Any job lo...
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Hey Everyone,My goal is to invest in Single Family Homes and Condos that I can rent out and eventually generate a decent amount of passive income.I’ve heard from many experienced investors (and moguls) that the best w...
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I currently have 3 SFH rentals solely owned (1 in San Francisco Bay Area and 2 in Indianapolis metro area) and 1 apartment building in the Bay Area with co-investors). I have a lot of equity in the Bay Area house and ...
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In addition to an irresponsible Draconian Rent Control measure, California will also be voting on an equally irresponsible Confiscatory Property Tax increase in November.Props 21 and 15 respectively, will combine to t...
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Welcome back our Question of the Week!
We took a short break from our weekly question while we rolled out the new forum design. Thank you to those who have provided feedback for continued improvements. Our community ...
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I've been running the numbers and although real estate has been very attractive to me with leverage (I own 3 properties), running the numbers even with leverage real estate is not as attractive in the long run, becaus...
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I just replied to a thread and it made me wonder. I'm not on BP very often any more, but I still have a vast experienced history. One thing I haven't seen much is a how to or step by step approach to actually building...
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Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.
The article breaks down both the typica...
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Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...