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A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
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I figured this would be an interesting discussion to have. I am really excited to hear from the folks who are much older than I am on this one. As they say "you don't know what you don't know"
@Jay Hinrichs
@Russell...
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I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
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Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
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One of the biggest things that you have in a flip project or even a buy and hold project is your contractors. A lot of times one of the things that people will say is, “I'll just go do the work myself,” well you got a...
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Hi BP Community,I recently encountered a situation with my primary residence that got me thinking about how it might impact my use of the BRRRR strategy.I recently refinanced my personal residence with about 60%LTV. ...
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So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
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Hey Everyone,
My wife and I have been looking for our first investment multi-plex for the past 4 months in the DFW area now and we've made several offers too till now. However our agent seems reluctant when we come u...
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Hi all BoggerPickets...I am curious about new construction cost for small multifamily projects. This would be for everything except land. We probably should assume a smaller mostly level infill site with rentable fi...
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Once of my favorite entrepreneurs would have to be the one and only Grant Cardone. So naturally I listen to his podcast and follow a lot of his material. One number that he continuously brings up is $100,000 and once ...