Hi guys, I'm new to REI and looking to jump in. I recently graduated from college and have a 9-5 but would like to work towards financial freedom through real estate. I've binged the podcast and read a solid stack of ...
Hey all,I wanted to share my first investment with you all. I've been a BP member since July '18. That was when I was truly introduced to RE investing. After taking in all of the podcasts and buying/reading the boo...
View report*This link comes directly from our calculators, based on information input by the member who posted.What am I missing here on this Buy + Hold? Seems this should show as positive cash flow.
I just finished running the numbers on a 24 unit complex. Property has been on the market for over 200 days. Asking Price: $888,000Gross income: $114,692Tax: $9917Insurance: $7000Utilities: $19,324NOI: ($15,000)Occupa...
Hello all,I am a noob when it comes to investing in real estate. I currently just left the military so I have no experience . I am recovering from identity theft so my credit is not good. I am looking to buy a rental ...
Hello Bigger Pockets Community!I am new here and just wanted to share a little bit about my journey so far. I was introduced to Bigger Pockets by a friend on September 29th. My eyes have been opened. I feel like I am ...
I’ve been looking at a self storage facility. My bank started telling 25% down and 20 years. Then they told me they might be able to do 20% down and 25 years. How flexible are commercial terms and rates? I’ve heard ex...
I have recently been offered a fourplex that is probably 15% over market value on seller finance terms at 4% simple interest over 25 years. I consider buying on terms a luxury if the property cash flows and pays for i...
Back when the 2% rule was very relevant what was the average house prices/rent prices that were meeting the criteria? As prices on houses rose, things leaned more to the 1% rule. Now it is starting to be difficult to ...
Hello everyone, and I hope this isn’t too long of a post. Let me set the stage by saying I’ve never invested in anything other than my W2 401k so this is all extremely new to me. Most of the jargon is foreign to me, h...