Hi everyone,
I'm so happy to have found this community. I am new to real estate investing, in fact, I've spent the last few months absorbing as much information as I can. I'd love to be as transparent as possible. My...
My goal in life is to own as many rental properties as possible. I recently purchased my first duplex. I would like to make managing the properties my full time job. As everyone knows, purchasing and fixing real estat...
So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. Owner came back at 1,550,000 wit...
Hello,My wife and I are looking into buying our first home with hopes to eventually accrue multiple properties for renting. I have been reading the online resources about getting started, searching the market, and eve...
Hi, All. I've been looking for a multifamily property, and finally came across one that seems to work. All 4 units are rented for a total income of $2,235($26,820/year), with overall expenses of $7,630. So Net Inco...
I just started listening to the BiggerPockets podcast about a week ago (due to this incoming windfall of cash that I initially didn't have a gameplan for) and I think I’ve powered through 20+ podcasts so far! I cannot...
For what it's worth, these articles keep coming at us:http://www.bloomberg.com/news/articles/2015-09-21/...
Good evening BP family!I recently just closed on my first deal, a duplex with tenants occupied on both sides. I am preparing a new lease agreement as one is up and at the end of the month and the other is on M2M. Look...
What do you see as something that could change the game in real estate in the coming years?
Hey all,I'm trying to work out a good Cap Ex amount for my rental properties. I was previously using percentages of monthly income i.e. 10% Cap Ex, 5% repairs and 5% vacancy. However, after calculating the cost to rep...