Hi! I'm pretty new here and just getting into the industry. After listening to dozens of hours of the podcast and reading a couple books, I think it's time for me to get to work! While keeping my day job, I'm aiming t...
So, I went to see a local multifamily property yesterday. The numbers looked great, affordable enough for me to get into the game, everything seemed perfect...turns out it is run by a slumlord and needs way too much w...
I thought I'd try Cozy.co this time around after hearing recommendations from others on Bigger Pockets. It was a big mistake. Their application process was fine and their screening reports good. It's their money handl...
Can anyone direct me to any good (sourced) charts/graphs that show why buy&hold real estate is a much better investment in the long term than the stock market? Pulling together a presentation and wanted to show a...
I am getting closer to my goals! I closed on number 9 today. It is a 4/2 ranch with a 2 car attached garage. I bought it for $133,000 which is more than I have bought any of my other rentals for, but the market ...
Hello BPers,I own a rental property (single family home) in CA bay area, and I was looking into doing a 1031 exchange with a larger property as a way to upgrade income. But on second thoughts, after years of being a ...
A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property. It is to be setup as a structured allotment sale over ...
Turnkey 4 Unit Property I found: Occupied and makes $3900 a month confirmed currently.Principal and Interest: $1154Property Tax: $480Home Insurance: $125Vacancy- 7.5%: $312Repairs- 7.5%: $312CapEx- 7.5%: $312Prop. M...
With inflation from my understanding two things will happen. Either rates rise to the point where they lower inflation but we risk economic slow down, job losses, deferred debt etc. If the economy slows too much they ...
I just purchased a 52 Unit apartment complex for $1,975,000. I put 20% cash down and got a 7 year fixed rate of 4.55% amortized over 25 years from my bank with .25 origination and receive approx. net cash flow of $6,...