Hello everyone! I'm Jon, I bought my first SFH that I am currently living in since 2010. Since then my property has appreciated quite nicely in our booming market. My wife and I are looking make REI's in our local are...
Bidding on a bank forclosed property and was wanting any information on steps to take before closing on property. The property is occupied, so I know I'm going to have to go through the eviction process (in Illinois)...
Hello,
Ive been very interested in growing generational wealth and have started reading the classics, I.E Rich Dad, Poor Dad, and also a book about multi family investing from amazon. On the way are multiple BiggerPo...
It is a common argument whether buying a home is considered an asset or liability. IMO that home is a liability b/c it takes money out of your pocket, not back in. Even though, yes it is appreciating.Now, my question ...
Hi BiggerPockets Community!
I’ve been reading these forums for awhile and have learned a ton of amazing information from you all -
I'm in somewhat of a unique situation (or perhaps not unique at all) in that I curre...
Greetings,I am working out my financing to begin my investing journey. Currently I have a paid off primary home with ~$400,000 of equity. I would like to begin with a duplex, quad, or the right single family home. I w...
Hi, I started real estate investing this year about two months ago as I needed some investment to increase value in my 401k. I've attended a couple of workshops and I'm now the proud owner of two SFH rentals with one...
I have been managing a set of industrial properties for a family member for several years and they are now wishing to sell the property. I am trying to put together financing so that I can purchase this property for m...
Warning: the below is a lengthy, generalized hypothetical. The questions are about calculations of average (yes, "average" is a very dangerous word because most years are far from average) returns on rental properties...
Hi - Just joined BP. Excited about learning from you.We (my husband and I) have been living in Montclair, NJ in a two family house for the last 10 years. We bought near the high, but tenant-wise we've had no problem...