I’m in San Diego. My goal with purchasing a property is to reduce my rent to 2k or less/month while starting my real estate portfolio. I plan to hold the property indefinitely and to eventually refinance it for a dow...
Prepare yourself: this is a long post. I wrote this post for any newbies and for anyone with questions about the BRRRR process. I also wrote this to let you know about me and my process. Born and raised in Chicago Ill...
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
I know that BiggerPockets looks down on guru education programs and seminars that cost thousands of dollars to teach people what they can learn for free on this website. However, I didn't find BiggerPockets until afte...
Not a hypothetical. Goal is to replace W2 income, initially.
The last property I bought has been about 18 months ago. Due to getting into a bunch of new hobbies/interests which take up a good chunk of my free time, I have been putting my dollars bound for investments into large...
After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
Hi everyone, I'm a newbie in real estate investment. I'm learning a few courses about flipping houses now. My goal is to get my first deal in the next 5 months. I feel overwhelmed because there are so many things need...