Joshua Berube
building a fourplex as my first deal. trial by fire.
Well, as the title says I am going to try an build a fourplex. And its my first deal. This will be my diary. Come hell or high water, you will have a front row seat.Before we get into the deal, understand that I am go...
Mitchell T.
Do you invest in Bitcoin / Cryptocurrency?
I'm just curious how many other active REI also invest in cryptocurrencies? And if you do, what kind?I am personally a fan of cryptocurrencies and what they are all about. I have put some money towards it, and will co...
Maxwell Milholland
Is a negative cash flow property NOT an asset?
Hello Bigger Pockets community!
I've read enough books at this point to have a pretty basic grasp on the fundamentals of real estate. One principle that comes up time and time again is cash flow. There seems to be a c...
Amy Raye Rogers
The Negative Cash Flow Club!!
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Johnathan Cummings
Is Subject to fraud?
I have a subject to deal that I can pursue, but my broker tells me that subject to is mortgage fraud. Basically if the current owners die, go into bankruptcy, or something else, I would lose the property and it’s not ...
Jeff S.
Anyone do a will instead of a trust?
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
Dan H.
California proposes additional 25% tax for flippers
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...
Ben Halabi
Cleveland Price & Neighborhood Map
Based on the tremendously positive feedback that the Cleveland Price & Neighborhood Map has gotten from clients and users on BiggerPockets, we've decided to put more effort into making it an interactive map that c...
Cole Raiford
Do you want a recession?
There are always posts about whether or not a recession is coming, or whether or not someone should wait for one to invest. Instead of that question, I’ll ask .... do you want a recession to occur in the next 12 month...
Eric Kang
Where is the best location to purchase buy & hold rentals?
Hello Investors,I'm looking to invest out of state and wanted to ask you experienced real estate investors about your rental portfolio.- Which market is your preferred location to purchase rental properties? Why?- Wha...