Hi, so I am a new BP member, and I have been listening to some of the podcasts, reading the educational materials, and checking out the forum for the last few days. I'm interested in REI, but I'm not sure there would ...
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I went to the previous property auction from the city and I was astounded at the amount of people there. I know there is a large amount of due diligence needed for these properties due to possible liens. It looked l...
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I found a quadplex for $300,000. Rent is $3080, so it meets the 1% rule. I would put 20% down for 30 years, so it would cash flow about $288/mo by the 50% rule (less than the ideal $100/door). But it was built in 1998...
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I recently had a conversation with another investor in San Antonio that told me that direct mail wasn't a good approach. He mentioned that after I had told him that I was planning on doing my first mailings in Oct. ...
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Hello, I am in the military and between my wife and I we purchased two homes where we were stationed before. We just moved (PCS'd) from our second house which we lived in for 4 years. We are putting the house up for r...
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As I’m just getting started in real estate. What exactly does it mean to continuously run the numbers on a deal and analyze?What are some steps you take when looking at a property to see if it’s a good investment or n...
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I’m wanting to re-fi about 8 SFH rentals to take advantage of lower rates. Have owned them for varying amounts of times. Some just a couple/few years and others much longer. Trying to determine if I should just 30 yr ...
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I see several turn key properties in the listings. Has there been success with these types of buys? Using the analysis tools many seem to work based in the numbers even using a small buffer for inputs. Just looking ...
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I am a newbie to BiggerPockets and would appreciate some advice. My wife and I have accumulated some savings that I think can allow us to retire comfortably even though we are still young and may be working for anothe...
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Hey guys,I just moved to Denver, Colorado from Buffalo, New York and I'm looking to start investing in real estate. Obviously the market's crazy here. Since my last post I have gone to a few different lenders to see w...