Megan Greathouse
Closed on my first 4-family! The numbers and how I got there...
After years of interest in real estate, I found BiggerPockets in February of this year... and today, I closed on my first 4-family rental property. Here are the numbers and some photos... plus four things that helped ...
Griffin McKisson
What to Do with Little to No Income or Credit?
I am currently 20 years old and I live in Central Oklahoma with no money or income to invest. I work at a sandwich shop and make $400/Month. I have no credit and all of my income is allocated towards my bills as I am ...
Ericka G.
Use Leverage or Stick with Cash?
If you have cash, should you use it or is it better to use leverage if you can? So far, I've almost exclusively used cash to build our small portfolio. My goal for the year was to fully replace my current after tax ...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Salvatore Lentini
So you want to become a real estate investor?
It's that time again...The light is on and I'm taking questions. If you've read a real estate book, gone through some real estate forums, watched some videos and you KNOW you want to become a real estate investor but...
Michael Lowe
Why are my friends so against me investing in Real estate?!
I’m just starting out. I’ve been reading like crazy, analyzing deals CONSTANTLY, driving neighborhoods, talking with my real estate agent, meeting with investors currently in my market (and other markets).But when I t...
Tom R.
Private Investor Wants 50% for 0% work Advice
OK, here is the situation I'd like some creative financing / deal structure ideas please.I have a deal/property & I approached a private investor friend with:I originally structured the deal to him as a 'debt' onl...
Derek Rocco
First Deal Frustration: What did I do wrong?
So here's my situation. Looking for some feedback on what I can do differently next time.I found a multi-unit in a town where I grew up. Five units total, four currently rented. Vacancy rate is low. After getting some...
Nicholas Morgan
Would you BRRRR for $78/mo cash flow?
Hello everyone! I have an opportunity to potentially do a BRRRR deal where the current owner of the property funds the whole rehab (refresh 2 bathrooms and a kitchen) and I pay him back when I do a cash out refi. Afte...
Pedro Torres
Cash vs Financing on low cost properties?
Hello everyone, I'm looking into buying my first property. Currently I have 25k in cash (with 2k added each month from my 9-5 job) and was looking to buy in the east (Milwaukee, Cleveland, or Detroit areas), because o...