Jonathan Edmund
Cashflow or Cash on Cash Return?
I am looking at buying a property in my market. It's just an efficiency condo and it's currently rented for $700 a month. Tenant in place through May 2021. I ran my calculations on it and if I purchase it and put 20% ...
Mayer M.
How are you dealing with increased costs to build?
Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...
Francis A.
Despite their high taxes, the wealthy keep moving to California
There has been a lot of talk of people moving out of California. To this effect, the Los Angeles Times has an article that goes by the subject "High taxes be damned, the rich keep moving to California". Has anyone rea...
Allen L.
Frustrated about lack of cash flow
Long story short, my fiance and I own 5 properties in US and Canada generating about $88K USD of gross annual rental income. 4 are SFH and 1 Duplex. However our estimated annual cash flow is $6500 USD after PITI, prop...
Ken Barrett
First House or First Investment Property?
I apologize in advance if this topic is covered elsewhere... I've searched around and all I've found is a topic about purchasing a vacation home instead of an investment property. But here's my situation... I'm a 25 ...
Mary Jay
Would you buy a new construction 260k vs 34 y o house for 210K
Hi guys!I have a questions for you..I am trying to figure out which is a better deal...2 houses, same sq ft, both not in a flood zone, same neighborhood, same rent, same block structure, same everything, except:1) one...
Account Closed
How long does it take you to rent a property in a D class area?
How long on average does it take for you to rent a property in a D class area?How often do you show the property?Do you do open houses or personal showings? How many people dont fill out applications in full?How do yo...
Ryan Davis
Is my agent trying to deceive me?
Hello Bigger Pockets! I am trying to close on my first deal and I am running into a few issues, here's my story;I am under contract for a duplex where I plan on house hacking. The agreed selling price is $139k and he ...
Bill Goodland
Millionaire net worth by age 30?
So I've known for years that I have wanted to get into real estate and then more I've been reading, listening to podcasts and being active on the forums have really opened my eyes to the power of REI and how it can gr...
Charlie Moore
First Day...... 35 inquiries!!!!!
Posted My Property for rent, last 24hrs I have had 35 inquiries Via Facebook marketplace - Am I doing something WRONG? - Should I show the home to EVERYONE that wants to see it, and charge everyone an application fee?...