I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community.  Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos.  I'm ok with a negative cash fl...

Writing this to encourage, not brag! In 2001, I started flipping and did maybe 25 or so. It was tiresome, while also coaching two basketball teams, and maintaining my sales manager W2 position! I switched jobs in the ...

Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...

There are so many positive stories about people starting their investment careers on here and online that aren't painting a completely accurate picture.

Most people are living paycheck to paycheck. The statistics on...

Hey BP!  I'm still quite new around here so I know I'm risking outing myself as someone who "doesn't get it yet" by asking this, but I've been consuming everything I can to try to educate myself - podcasts, books, for...

I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....

What's your financial freedom #? How do you plan to get there? And how far are you now?To clarify, this is based purely on passive cash flow. Meaning, how much money comes to your mailbox each month without having to ...

Let me start by being crystal clear. I am very sympathetic to all of those who have been exposed to COVID-19 – those who have either struggled through severe (or even mild) symptoms and certainly those who have passe...

Hi,I came into contact with an Atlanta rehab/investor named Andy on BP in Feb or Mar of this year (2014). He had a house for sale in Altanta that needed some major rehab work (about $15k). The house was not in a great...

Hi everyone,I am new to this forum. I have listened to Bigger Pockets for quite some time now and finally decided to get on here because I current own a home in California, but I want to buy a 2nd house out of state. ...