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If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
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Over the years I’ve seen many questions here on BiggerPockets forum related to various aspects of using self-directed Solo 401k real estate investing. But the challenge is that those questions are spread out across pr...
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I'm getting prepared to go on my first seller appointment with a motivated seller. I'm curious about what papers I should bring.I found a great thread here about what to bring but I have one question, should I bring t...
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Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...
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Hi all,
I was wondering if there is any generic formula you plug in your investments to see whether they are worth the return? I am assuming you would compare everything to a risk-free type investment like a CD or Sa...
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I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...
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Who would have more BOTTOM LINE PROFIT at end of the month?Experienced Out of town landlord vs. "turn key" Property manager ?Assumptions1. Each has EXACT same hypothetical properties to manage2. Properties are in "C" ...
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Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
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All,I recently purchase and rented 3 properties. in all 3 cases I tenant left after some time and I had to turn water in my name... when bill came was outrageous: $1000-$3000 each bill. Almost $6000 in total. In all 3...
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Hey guys, I'm 23 and closing in on officially purchasing my first rental property, just finished inspections this week. The property is a 4plex in a great part of my town. Two of the units are currently rented to LONG...