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Hello BP community, quick question for ya. I am a new investor, soaking up all the information I can and building my business plan. I have two paths I can take to begin investing, wondering what you guys think or sugg...
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Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the “New loan” after the refinance is higher so doesnt that decrease your cash flow?I understand that you are taking the cas...
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Well, I am pleased to say that I finally got my first property in Columbus GA renovated and rented. I purchased the property on auction dot com for $25700. Renovations costed $12,000. I am all in for $37,700. On Decem...
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The reason for this post is because I often read other investors post about looking for a property in an area where they have good schools. We did that. We bought a home in Burbank, California, a very expensive suburb...
An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
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Hi biggerpockets friends,
It's my first post on the forum and I would like to get some help on starting my first investment property. I have around 250-320k cash to invest.
I live in the South Bay where houses are e...
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Should an investor own there home or rent it ? I’m hearing a lot about renting your home and not owning it , it’s good to just own investments that make you money !