Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
David Charles Edwards
Selling rental properties and moving into Fixed income for early retirement
I'll be 55 this and our last one graduates high school and will go off to college this year. My wife and I a debt free and own 15 rental properties worth around 1.5 million (net after sale taxes). We also have healt...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Shiloh Lundahl
Millionaire - RICH or Middle Class?
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
Logan M.
How do we solve the housing crisis in America???
I have felt drawn to investing in Mobile Home Parks partially because I feel like it allows me to have an impact by providing affordable housing.What I want to know is if there is a real solution to the unaffordabilit...
Jon Adams
Rental not renting
I have had my duplex listed for about a month with little interest. I looked at RentOmeter and I think i am right in the middle with the price. I don't understand it; everyone is telling me it is the cold/snowy weat...
Dawn Anastasi
Section 8 Bible
Has anyone ever read these books (volume I and II)? In it, the guy talks about his strategy for buying and renting out over 300 single family homes.
For the first property, he started off with around $28,000 or so f...
Keith Gilbert
Moving - do we rent or sell and invest outside CA
We are moving from Long Beach, CA to Chandler, AZ. We are trying to decide what to do with our current house. I asked a friend and he posed an interesting question. Imagine you had $350k (which is the cash our equi...
Richard Singh
About to close on property, seller's lied about rental contract
Hey guys,
I've reached out previously on some reno related questions on what was up to this point a smooth process.Recap: I'm buying a 2 family in Guttenberg with an existing Section 8 tenant that was presented as mo...
Jordan Thompson
First deal (Duplex) rehab and build - with pics!!
Hello BP! I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex! The gameplan for this thread is to chronicle my progress through the rehab,...