So after a recent call w our amazing accountant he said something that hit me hard. he said after 40 years w his clients he's observed that its easy to get into real estate investing and much harder to exit real esta...
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Inspired by @Brian Burke's harrowing story of surviving the economic meltdown, I'd love to learn what other lesson's people gained through that time. Many survived, some thrived, lost it all... While I don't think we...
Hello All,I'm getting hit hard by the "slowdown" in Westchester, NY.I've owned my home for almost 8 years now. I bought it for $524,000 with a $417,000 loan at the end of 2010. I have a $3300 mortgage payment that's a...
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Hi everyone. Let me start off by stating my current situation: my current position at my company is stressful so I’m looking to move to a less expensive city so I can switch careers to something I’m more passionate a...
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Hi,I'm a new member to BiggerPockets, joined with the intent to take benefit of collective wisdom and knowledge to build a rentals RE business. Im a beginner to RE investing and would highly appreciate your advice.Tri...
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When discussing cash flow/month (not CoC) do you include maintenance repairs and vacancy in the calculation? If so, how much for each?
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After a little hiatus from real estate, I'm back! To make a long story short, cashed out on a duplex to deal another day.I'm back and I'm thinking more strategically. I want to purchase buy and holds for passive inc...
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Investment Info:
Single-family residence other investment.
Cash invested: $1,000
In my hometown of Austin, Texas, I was in need of a summer job. I identified issues and created solutions to them. For exa...
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Hi everyone.this is my first time posting on this forum so I hope I'm making sense.In about a year from today, I'm hoping to purchase my first investment property, but unlike most of you, my road is a bit more difficu...
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My Tenant in NJ just informed me that he lost his job due to the Covid-19 pandemic. I foresee him now being able to pay the rent for another 4-6 months or so.I will be unable to afford this kind of loss as a result. W...