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I am new to the idea of real estate investment. Until now, I havent had the revenue to be able to pull it off. I am planning on buying my first house this summer coming up. I want to start investing in rental properti...
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We are closing on buildable land in a few days. We will eventually build an Airbnb on the property but can't do anything till the plans and budget are ready. Until we can convert the loan in to a construction loan, ...
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hi, I am Eldon, my wife (Lynnie), kids and I are just starting out, on our plan to move across the country and build a sustainable and hopefully more passive income. I am currently a local CDL truck driver in the agri...
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Hello everyone, I'm brand new to the Real Estate world and I watch a lot of Podcast from BiggerPockets, but I need some advises please. I purchased my house in 2021 and already paid off the house last month. My house...
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We will be hiring someone to rebuild our back porch. We plan on spending about $4,000 on the project. I figure the current FMV of our house is about $80,000.
How much can I figure the 4K improvement on an 80K house ...
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(assuming adequate capital each year from salary)Year 1 -- Buy 150-200k single family or duplex with 75k down payment on 10-year mortgage-Rent property (may cash flow, but happy to just break even)Year 2 -- Buy 150-20...
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Have an opportunity to buy a 1900's 3plex. Asking Price 69,000Tri plex brings in 1825 monthly 21,900 yearlyHeat Insurance Property taxes 7500 a yearThe house is old has little things like crack plaster needs new carpe...
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I understand how to calculate the cash on cash return for a rental property. My questions centers around if anything differs heading into year 2. How do y'all calculate it long term? Do you do year two the same as yea...
Hello Everyone, I'm looking for some advice on how to get started with real estate investing using the BRRRR method with $50,000 to start, particularly in Birmingham, AL. Here's my situation:- Experience Level: I’m a ...
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I purchased a home sub2 that was a pre foreclose. The bank is offering 2 options for modification. I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 paym...