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Hi all, I am on my way to save $100,000 in 5 years and wanted to know about what the mentality of a successful real estate investor should be. My dream would be to form a partnership each contributing $100,000 for a m...
I'm asking because I notice property prices are pretty affordable. but the property taxes can be attrocous in some areas of Milwaukee and it's suburbs. so I was wondering if that changes this rule of thumb for evaluat...
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My Fiancé and I HAD a plan to wait 2-5 years to buy our first time home, and just be in a better financial place (paid off credit debt last month, working on his student loan and my personal loan. Gotta love 18 year o...
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I'm in the process of purchasing a 20 unit complex. The bank has given me 2 choices. Option 1 is a 20 year amortization 4.8% vs a 25 year amort @ 4.99% (both with a term of 7 years). The payment would be $7,624.87/mon...
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Hi BiggerPockets!I've always loved reading success stories in business and especially real estate. I'm happy to have my own success story to share finally! I got interested in REI after reading Rich Dad, Poor Dad (jus...
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Side by Side Duplex Purchase Price $365K
B+ area
Negotiated roof to be replaced and property needs about $10k in cosmetic work.
Income potential $3.6 - 3.7k
PITI - $2.6K
Rent Vacancies - $185 (5%)
Repair & C...
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Personal info:
I am 25 years old. I currently work full time as an RN, a stable job in my area (rural MN) with fairly substantial opportunity for salary growth. My wife is a dental assistant, also a stable jo...
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Hi everyone!
My fiance and I own a property in south Everett WA. We purchased it in November 2020 right before the pandemic at a purchase price of $330,000, a 3 bed 2 bath with a detached garage that was converted in...
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Hello, I'm looking to buy a condominium in the Springfield Section of Newark New Jersey. I saw two, one is priced kinda high (I've looked at comps and have not been able to find any condos that have gone for tha...
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I am under contract for a 12 family that has older plumbing stacks. We did our inspections yesterday and all the stacks are bad (cracked to various degrees). This owner is not willing to lower the price so I will be...