The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
Have invested time in Bigger Pockets for a year: reading, podcasts, analyzing, drive-arounds, learning, learning, learning. Thought my first deal was done, only to have it fall apart in the eleventh hour.So many of yo...
I've been looking into the possibility of tiny homes, airstream, or something similar as an AirB&B spot to plop down somewhere... Interestingly, someone has got creative, and is leasing out their tiny home to some...
Ok, so I'm no REI guru (yet), I have purchased two primary residences, and have two other rentals, but I have never heard of an agent charging to look at a property that I'm going to use them to purchase. Am I old (do...
Dallas Texas MarketPurchase Price: 84kEstimated ARV: 149kRenovation: 30kCurrent Days On Market: 55Original Listing Price: 149.9kCurrent Listing Price: 146kCurrent Net Profit Potential: 10kThis is my first flip and I e...
I read that rents are down at least 3% in the hot markets of SF, NYC and Boston? Any landlord in these areas care to comment? If so, how does that affect the decisions to buy rental properties in these metros as the t...
My mother bought a 2 family house for 514K back in 2006. The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...
I wanted to put this out there to my fellow landlords that we should check on our tenants right now. The school closings could be devastating to some especially single parents with young children. I say this as someon...
Hello community,I’m a young construction professional preparing to go out on my own in the Los Angeles market. I’m working on a business plan to better define my business in my own mind. I’ll be getting my general con...
I still think we'll see the economy bounce back sooner rather than later, and I don't think there will be too much impact on housing prices overall, but I do think vacation towns could get really hurt.
In NJ for ex...