I closed on a duplex in Buffalo, NY last week. The house (both upper and lower) was vacant, in great shape as the owner had done some minor updates to the flats. The numbers look great on paper and the rents I plan to...
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Hi! I'm a new investor. I own 3 properties. One is a STR in Joshua Tree, second is a cabin near Sequoia, and the third is a vacant lot in JT that I have listed for sale. I am interested in out of state investing (long...
I apologize if this is a newbie question and for the provocative title :) In David’s book Long-Distance Real Estate Investing, he says its beneficial to find an agent who is also an investor in the area. I understand ...
Just wanted to get a sense of what people are seeing in Bay area and what they think will happen after a few month. Also wanted to see if I am being too negative on bay area and forecasting a 10-15% price drop.
The ...
Hi bigger pockets, I am a new aspiring real estate investor looking to venture into the STR market. I’ve done some research via articles and podcasts (thank you bigger pockets) and feel all that’s left Is to jump in. ...
Hi All, Just wanted to post my experience with BRRRR method. I invested in Lansing, MI. I am originally from Grand Rapids, MI and currently live out of state in MN. Below is my 2019 experience jumping into real estate...
VRBO's are they a good way to maximize a properties returns? I have 2 very nice properties under contract. One has a main home, 3k sq ft with a 1 bedroom cottage, a 2 bedroom cottage & an efficiency apt. The other...
I was introduced to a program called “Freedom Mentors,” by a friend, where you pay $15-25k to be coached on investing and you have to split earnings 50/50 up to your first 500k and then you’re out of the program and o...
I recently had a r/e agent tell me that their firm only transact with bank qualified buyers. Is this normal and why only bank qualified?? Or, was that person just being a jerk on a Friday🤷🏼♂️?