So this is my first foray into tapping into the collective wisdom of bigger pockets.I am just starting out in real estate, and this will be my chosen vehicle towards financial independence. I do have a day job that I ...
I have been saying for a while that I don't foresee the mortgage forbearance and foreclosure moratorium turning into a foreclosure crisis. There are three reasons:
1. Some people have the money ,but took forbearance ...
Hello all, I am a newbie investor- bought my 1st out of state rental . The property is a 3bed 1.5 bath- needs new LVP flooring in kitchen/living room/hallway/bathroom and basement . Bedrooms have hardwood- which need ...
Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pa...
I know in Southern California standards $35k is not a lot and wont get me as far as if I were to start out of state. I would start out of state but I have 0 connections and get analysis paralysis while trying to find ...
How do you draw the two dividing lines between these three types of neighborhoods? Is the A-D (and sometimes F) system in common use for grading neighborhoods the best possible system for those interested in investing...
"We have had a few interested tenants visit the property on Mulberry. They have 2 young children, no pets, and are relocating. Their credit scores are 554 & 715. No criminal history. No eviction history. She makes...
I had my house on Zillow as FSBO and this snakey agent had a buyer but all along the way would say disingenuous things to get the best deal and take advantage of me the whole way. We ended up under contract and during...
I've decided to hire a property manager to find tenants and also manage properties for me.
I've narrowed down to two, one is a local real estate agent who also does property management on the side. His references (o...
I have about 100k in savings. I currently live in Austin, TX, but I may move to Florida in one year. Ideally, I would like to have 10% cash flow on each property and the potential for long-term appreciation. A real es...