Hello I am new to this website. I am 19 and just got pre-approved for 325,000 on a house. Now I’m not thinking this is the best option for me to get into real-estate. I’m looking for a mentor that’s in the position th...
Hello! I just joined since I've looked at some of the forum posts and love the helpful community and would appreciate some personal advice. I bought my first home (conventional loan 5% - 420K 3 bed 2 bath beach house)...
I am a newbie to this and am looking to start by purchasing 1 low priced house to rent. If successful, my plan would be to buy one extra house per month.
1) if you could pick the best area in the US to do it, where w...
I joined BP not long ago and learned about the 50% rule and 2% rule. Perhaps I don't understand these rules completely?.. Intrigued I sat down today to crunch some numbers:Assumptions:Expenses = rent*.5 rent = .02 * v...
Hi
I have been researching on which markets I should go after for my Buy and Hold Investments. Some of my criteria have been Jobs/Economy/Diverse industries, population growth.
As I narrow down...
Hi, my name is John Stark and I recently just graduated high school. Recently I have been getting very motivated about how money works and would like to learn as much as possible about how to make my money work for me...
During a presentation given at a local real estate investor’s club last week, a very successful real estate investor wrote a list on the white board. The list he gave was 15 different ways to finance your real estate ...
I'm new to real estate investing and I'm very interested in buy & holds and fix & flips. Like the majority of us on here, my overall goal is to gain financial independence through owning multi-family rental ...
Hi all,Newbie here. Creating a written plan with some spreadsheets. The basic plan is to buy a duplex with 20% down (100k down for a 500k property). Annual cash flow around $2,500. After the property has appreciated a...
I am interested in buying a 2 flat/3 flat in Chicago, and I'd like to house hack the property. I'm new to Real Estate, and I don't really know where to begin looking. Any suggestions on which neighborhoods have a lot ...