Hey guys we are crazy nervous but very excited about starting our path down financial freedom. We are prepared to do the work needed. We just recently purchase two older duplexes. They are going to require some wor...
Hi! Back again trying another go at it. Hope to get feedback on the following subject to deal:outstanding principal: $242k (4 years into a 30-year fixed mortgage @ 4.5%)PITI: $1720/monthRehab estimate: ~$50kThe owner...
Hello all. I've been lurking on Bigger Pockets for years now. Ramping up for my next purchase I've found myself visiting the site more often and felt like I should at least upgrade my account as a small payback for...
Howdy to everyone in the BP Forums! My name is Melvin and I am completely new to REI and happened to stumble across BP today while doing some looking into the field. I've lived in Houston, Texas for five years but ori...
I’d like to get some advice as to what would be a better strategy....I am in the process of building a new home to be my personal residence. I will turn the current home I’m living into a STR I also have one other LT...
I am 26 year old living in NOVA area and will likely stay here for the foreseeable future. I currently pay only $900/mo in rent, but I am considering buying a townhome for $350-400k, living in the basement and renting...
Hello everyone who is reading this and thank you in advance for any advice you can give me. Ok so here it goes, let’s say that I will soon be able to invest about $40,000/year in Realestate. I’m interested in acquirin...
Good Afternoon BP Family!I'm writing this post to give some type of relief as well as a road map to those getting started in the business of real estate to look back on and relate to others on their first steps towar...
I obtained my Agents license (broker in colorado) to do fix and flips, but have had some medical/financial setbacks and am not in a position to wait six months or so for the cash flows of fix/flips.
I am beginning ...
Hello BP Family,I currently own 2 SFR. One I own free and clear (House #1) and I owe about $28K on the other (House #2). The rent on the free and clear is $500 and the other is $675, so I am positive cashflowing on bo...