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I recently started my REI venture in the Detroit area 1 year ago and I have been trying to figure out a good strategy for how to continue scaling while covering costs per property. The issue I'm running into is with t...
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In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
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Just checked the total US money in circulation M2, increased from 15.5 trillion end of 2019 to about 18.4 trillion, roughly 20% in the first 5 month of 2020. Theoretically and historically, M2 is directly correlated w...
We talk here about high-maintenance or problem tenants all the time. I'd love to hear about your most trouble-free tenant you've ever had, or what types of rentals or tenants you have found to be the easiest to deal ...
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If you saw the news this morning JOBs report is not as good as anticipated.I dont know about other parts of the country but when I went to a Panda Express to buy MIss Lori some lunch big poster for hiring15.50 an hour...
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I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
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Hi everyone, I'm a first time investor looking to invest in long-term out-of-state rentals. I've been wanting to get involved for years and have been spending time researching/reading in the interim. The idea of being...
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Bookkeeping questions:
I purchased a property with cash flow, according to my calculator, on day 1, but knew it was a value-add opportunity. Since the acquisition, I have done upgrades. Technically, I know that with ...
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I actually have 2 things to celebrate today:1. This is my 5,000 post to Bigger Pockets!!!2. The last payment was made on a property I bought in 2012 using peer to peer lending on a 3 year loan!What better way to celeb...