I keep hearing that if you want cash flow, buy in Ohio. I have been analyzing small multi family properties in Toledo, Akron and Cleveland areas. When I plug the numbers into the Bigger Pockets calculator, I am ALW...
Hi BP Fam,
I know this question has been asked a lot but I haven't been able to get a clear direction. I'm looking to invest in a STR. I'm trying to analyze the deal but this is where I've hit a road block. I see a l...
I have a number of private loans to me. I am paying interest on these loans, but since they are private individuals they wont be submitting 1099INTs to me.
How do others deal with this?
Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
Hey BP, I just wanted to share my most recent flip. This was in Los Angeles. This is my 6th flip and I haven't had a chance to share every single one but I'm pretty proud of my accomplishments in the last 2 years sinc...
I'm going to start on my first flip on Monday. I want to post all of my pre-flip numbers here so they are etched in digital stone so I can refer back to them when all is said and done. I'll explain my methods to ...
It's common sense not to put all your eggs in the same basket, but how do you apply that saying to real estate investment?
I.e. if you have to buy 5 properties which you intend to rent out:
- how many of them would ...
Hello! I'm new to house flipping and feeling a bit apprehensive about moving forward with my first deal. Do any of you have some advice for this initial flip? Any tips or insights would be greatly appreciated!
Here we go. Initially, I was a web guy and I founded a few large web sites, which I sold a few years ago. I still have a few, but the large ones I sold off. I picked up a house, a car and the rest were in Vanguard ...
Hey guys I've been doing some research on house hacking for the past 3 months and I think I'm ready to get my feet wet.
A little about me. I just turned 21 two months ago, I have a FICO credit score of 759 and I ma...