Over the last decade or so, my wife and I have put together a nice little rental portfolio, we've really grown as landlords and property managers, and we have a nice little life that's just getting nicer. Net rental i...
(11 unit complex)Asking Price: $80k 25% down: 20kMonthly rent(s):5k Property tax: $282($3,380, 2015 tax year)Estimated mortgage: $250 (20 year loan)Utilities: $425Vacancy: 10%= $500Repairs: 20%= $1000PM: 10% = $500To...
Jumping in to real estate was a well-calculated move. I live in San Jose, and this market is notorious for making people lose faith in their ability to purchase. I bought my primary residence in May of 2017 - a brand ...
Hello everyone. I am looking to connect with another member (preferably in the midwest) who is buying SFH or MFH with all cash. I am looking to get involved with investing as a second career when I retire from my W2...
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
I'm nearing the end of real estate school and will be taking my state exam in mid-July. I've been reading @Scott Trench's book, Set for Life, and I'm bought into the concepts. The problem I'm having is... figuring out...
I am a relatively new but very active newbie to REI. I have purchased my first investment property which I am in the process of flipping right now. I listen to BP Podcast in my car on my commute to and from my 1.5 h...
Hi BP. I’ve heard a lot of real estate investors, including Grant Cardone, say that buying a home is one of the worst financial decisions you can make. What is everyone’s thoughts in this matter?
I know that house ha...
I've been reading through the forums here and I've read a lot of posts about how the tenants should have the money saved up to pay rent in an emergency, and if not they should use a credit card or the money in their r...
I’m 20, and I just dropped out of college to pursue RE full time. It’s not that I was bad at school- I had a 3.1 GPA heading into my junior year, but I just decided that since I have clarity on what I want in life, th...