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Hello Bigger Pockets! I'm new to these forums and hoped to ask my first question - for those that have already reached their goals of financial independence, or are are getting close and making plans, I'm curious to ...
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What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...
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I am trying to acquire a rental property for long term cash flow in Sacramento area but getting frustrated with all the cash buyers on rentals.
I'm doing conventional loan. So far, I'm not having luck as my last two...
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Hi...I am a fairly new member to the community but have been following the podcasts for a bit. I just wanted to take a second to share that I got my first property under contract. I am based in Philadelphia area and p...
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I’ve always used my self-directed IRA to buy, flip and hold individual lots and never considered financing due to the non-recourse lender hurdles.
I’m interested in some raw land and the owner is willing to owner fi...
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I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
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Hello all!I am a new investor looking to move to Columbus, OH soon and purchase my first property via house-hacking. However, I am not sure what to expect with this market as in waiting for prices to drop or buying as...
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First, a little about me. My wife and I have had a few really good years with our business so I took the profits and spent the last year building a small portfolio of 21 units in Columbus and Newark, OH. We have quite...
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Hello all REIs and especially local people in Western NY !
I want to get some feedback and advice on my next steps to see if this makes sense.
This will be longer post so thanks for hanging in there!
Current situat...
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I've usually been buying and including the kitchen appliances in my flips. (fridge, range, dishwasher and usually an over-the-range microwave, at least on the more expensive ones) I do this for a few reasons, mainl...