I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...

Beware of Joe England! Podcast speaker #206I had a bad experience lending money to Mr. Joseph England. I want to share my experience in the hope of helping others who are thinking of investing with him. I always see h...

Hello BP members!!
QUESTION: What is stopping you from investing in multifamily properties? What questions and/or concerns do you have about multifamily investing?

I joined BP about 3 weeks ago and have been blown a...

Hello everyone,I'm a real estate agent from New York. I work equally with buyers and sellers.  This past month a past rental customer called me and said she was looking to buy a house.  She proceeded to tell me that s...

I’m from NYC and I got into virtual wholesaling. I got a property under contract in kiln, Mississippi with a nice spread... I’m sourcing a way to market this property to investors.... any suggestions?

Hello all,  I am new to Bigger Pockets, but I've been involved in a rehab for over 3 years now. I'm in a 1,800 sqft SFH rancher.   I gutted half my home and put an addition on, and as I tore everything apart, it becam...

I am new to RE discussions nad the BP community. I just noticed people here are VERY open to helping and giving advice/guidance.  For some reason... I feel these are red flags, but maybe am wrong. I come from the onli...

I hope I'm doing this correctly. Thank you in advance.

3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235

Using the 2% rule, I would need ...