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Hello, I'm very new to Bigger Pockets, but I've had this forum bookmarked forever until I really needed it.I sold one of my companies some time ago and now have a regular stream of ~1 million per month to invest. So f...
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My situation is that I'm 45 years old and I have a 401K with my current employer. They match 100% up to 3% then 50% up to 5%. So I contribute 5% and get 4%, immediately vested. I've been contributing this for about 13...
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I recently came across a small duplex that is FSBO in a ghetto. I've heard about the strong cash flow properties in low income areas can produce but I'm also aware of the downfalls of investing in not so favorable are...
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All,I have a success story to share. But it is not a success for the reasons you may think. I really learned a lot from this and from these mistakes I have made I changed the way I do my thing and this is causing a no...
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It has been a few months since I have really been active on BP, but my wife and I just came to the conclusion of our second “deal” and I wanted to jump back on to share some of the details and transformation photos wi...
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Hi Bigger Pockets community, I am 26 years old with an undergraduate education in geology. I've spent the last couple of years wandering aimlessly and it hasn't paid off to do so. Trying to reinvent myself, my strateg...
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First off I hope this is the correct sub forum (BP is over loaded with sub forums)
I am wondering how many BP members live solely off of their real estate. By this I mean a person who doesn't have a job and isn't l...
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Hey BP Fam, do you remember your first 10 rental properties? As a newbie REI, I would love to hear more about your experiences starting out. I've set a 10 year goal for myself to acquire 50 rental units. As a shorter ...
It is almost daily that I see a new question or concern about Wraps and Sub2 here. It got me wondering just how many folks are aware of outcomes of some of those practices really are. It also begs the question, just...
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Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...