Hey Guys -I was hoping for your feedback on a process question we've been pondering.What decisions do you believe an individual needs to make in order to close their first deal?I'd love to hear your thoughts on those ...
There is a bill proposed by Chris Ward district 78 called the California Housing Speculation Act that proposes charging a 25% additional tax (an income surtax) on the profit (above the regular tax collected on the pro...
Hello Investors! Is anyone interested in showing our their cash flowing properties to the BP Community? Our BiggerPockets YouTube team is going to be filming tours of cash flowing properties with real estate investors...
I have a duplex that I owe $135,000 on that currently generates me $1000 per month in passive income. My primary house has a mortgage of $329,000. I recently sold our old primary house and I have around $200,000. I...
Originally posted by "TimWieneke":I wish one of these REI guru's would just ________I don't know.....invest in property?
There's one thing JT does that I like. You give him the name of a town in an area where he's s...
This is something that I haven't seen yet as far as an investment strategy. I've thought about taking the cash flows from the rental and putting it towards the principle on the loan in order to expedite acquisition of...
In most instances, I would assume it is for two reasons. To generate passive income which will help eliminate the need to work and to help with our retirement.
Normally about this time of year, various magazines come...
Every day in the forums it's the same thing. "I'm just getting started and I've analyzed a ton of deals (never seen any in real life) in several markets that are nowhere near where I live because where I live there ar...
How would I be able to buy a property initially and cash out refinance utilizing the BRRRR strategy if I cannot prove income right now? That's the biggest hurdle I'm experiencing in planning for my future cash flow pr...
Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...