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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!...
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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 ...
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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...
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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...
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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...
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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...
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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...
Prices keep rising... it's a sellers market... signs of a bubble are pervasive but.. is it a bubble or has the market changed permanently.... thoughts?
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I live in Los Angeles and completely priced of this market. I'm having a hard time finding a good out of state location. My friend lives in AZ and suggested Downtown Phoenix. She said there are several districts there...
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I'm looking at wholesaler contracts and they appear to be dishonest, possibly even illegal. Am I missing something?I'm talking to someone that is interested in wholesaling. I'm reading up on it and trying to refresh m...