Gerardine Tshouongang
Starting out with 50k
Hi BP,I am a newbie from Dallas TX and have yet to acquire my first property. I have 50K in my possession, what will you recommend I do? Any advice will be greatly appreciated.
Patrick Menefee
1% Rule in Practice Regionally
Hello BPI’m curious how members in different regions have tailored the 1% rule (especially charlotte, but anywhere really). Looking relative to some of the properties I’ve seen in the area, 1% seems difficult to attai...
William S.
What I've learned after six months and two rental properties
Hi All,I wanted to share with those who are just starting out some things I've learned so far in my investing journey. My first purchase was a SFH property from a turn key provider in Kansas City. This was an out of s...
Rich Weese
OK-mathematicians, where are you??
A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
Costin I.
Multifamily and Cost Segregation Studies
Inquiry to CSS, CPAs and MF experts:Many sponsors of multifamily deals advertise the Cost Segregation study as a magic pill that creates money out of thin air, some claiming that by making one they will be able to ret...
Marc M.
How do I cash out 80% of Appraised Value on a Foreclosure Rehab?
Hello,
I purchased a foreclosure property at tax sale in Michigan in July of 2012 for $88.5K, and put $80K into the renovation with cash borrowed from family members. After the renovation was finished in January I we...
David A.
Can I use Convenience checks to start off my rehabbing business?
Twice a month I have been getting checks from Chase and Discover offering $10k, $12k at 0% interest for 12 months. I usually shred them on the spot but was wondering if I can deposit them in my account in order to sh...
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
I purchased a two-family property in 2017 and now have around $500K in positive equity. My goal is to leverage that equity for additional income. I’m a full-time sales professional at a global GSI, so I’m seeking rela...
Peter Pettersson
”Beginner” - What areas in SoCal should I look at?
Hi, I am new at BiggerPockets & realistate investing in US.
I have been researching several SoCal cities for our second and third realistate investment property (first investment property in US - long story). How...
Darius White
Will there be 100k properties in 10 years?
New to investing and trying to fully create a 10 year vision or business plan. Currently I plan to save 2k a month. To increase the amount of units I can purchase and cash flow I want to stick with property under 100k...