Hello everyone! I consider myself a “starting out” real estate investor. I have 3 rental properties, have done a couple profitable flips, and also manage my grandfathers rental properties... just a little background. ...
Hello everyone, for the last year and a half I have been deeply considering and researching purchasing a vacation home. When I say that I mean, I want to buy a property and be able to visit there once in awhile, b...
Hello BiggerPockets family!
My name is Patrick and I'm in Birmingham, Alabama.
I am new to all of this so any input would be appreciated. I figure just asking for help as a newbie isn't sufficient; so I developed a...
Economic Update(Monday, November 16, 2020)
Last week, the stock market roared higher on the news that a highly effective Covid-19 vaccine appeared to be just on the horizon. That was great news, but there’s still ...
Economic Update
(Monday, January 25, 2021)
There aren’t many people—apart from, say, Elon Musk—who are going to look back fondly on 2020. It was a year of illness, pain, uncertainty, an...
I am at a crossroads and need some advice.
My goal is to have enough income from my rentals to quit my job and manage full time. I think I am about 7-10 more houses away from acheiving this goal. Currently I have 9 re...
So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
Hi all,First, I just wanted to say thank you to everyone who contributes to this forum. I'm learning tons here and all you fine folk make this a great resource!Now, I'm curious what people think about (minor) negative...