Hello BP community,Ok, I posted on here 4 months ago asking about my first rental property I was looking at purchasing. I'm back on here to admit that I went into real estate investing with no education about real est...
So my wife and I went on a Disney Cruise last week. While on our trip we met a family from the Dayton OH area who, in addition to owning an HVAC business, owns 20 doors in that area. We are in the Charlotte NC area an...
It sounds ridiculous I know, but I'm dead serious. I know almost nothing about real estate, I live in the only home I've ever bought and before that the only property I've ever rented.
But I know...
Hey guys!! Rookie question here. Can someone give me a breakdown of the 50% rule using this example? I have already calculated it myself, I just want to be sure I am doing it correctly.
Purchase price- $75k
...
Hi All - Trying to collect facts here (instead of ideas/opinions) from all the people who have achieved Financial Independence. I can believe some are lucky and capable of picking the right move right from the get go ...
End goal: Accumulate enough revenue-producing assets (i.e. rentals) that I could quit my job (if I wanted to).What kind of deal is practical for me to get into? If I can come up with $10k in cash and have good income ...
In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...
Hello all at BP! Currently I am nineteen years old unemployed and attending college for the second year. I do have money saved up but all that is going to rent to keep a roof above my head. I am so eager to invest, bu...
Think of your last 5 real estate deals... then let us know: How did you find them? Go! (I'll start: The past 5, all buy and holds, have all been MLS)
Bought a multi-family in May and the neighbor is a nut job.Has an endless list of complaints, some valid and some not.He called the property code inspector two weeks after closing, and I have a laundry list of repairs...