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I thought I would share my story with the hope that it inspires someone to start the home flipping adventure and/or saves someone from making some of the (costly) mistakes that I made. Note that I'm purposely not incl...
Oops, my mistake. I thought they were going to give Landlords a break . . . Instead of easing the Eviction Moratorium to help Landlords, Instead of Providing Landlords with financial assistance, WA State and soon othe...
Tell me what you think. Is this seller way too emotional? Asking price $192,000. On market for 5 days. 3 unit building. There are 3 water heaters, ALL need to be replaced. There are also 10 windows that ALL need to be...
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I found BiggerPockets about 2 years ago. It has been an amazing time learning so much about real estate investing and hearing all of the incredible stories from amazing investors around the world.In the past 6 months ...
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Thank you so much again to all those who were so kind to answer our question on the 15 vs. 30 year mortgage. We would like to ask one other question - this time regarding cash flow .We've been searching for 2-3 months...
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I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
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There are a lot of discussions on the site about starting out, but I find that those discussions where people share the challenges they went through on difficult deals are the best to learn from.
So . . .
What Was Y...
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Hello BP,I bought my first rental property in early 2022, an out of state (KCMO) SFH. I bought from a turnkey company that is endorsed by BP. The home was not "turnkey" per say, but was sold by another investor throug...
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The fed just announced 3 rate hikes in 2022 vs the original plan to hike only once at the tail end of 2022. What are your thoughts on how that will affect housing prices in 2022? Very low appreciation? I have a off ma...
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When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...