My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...

Hello,Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4....

We bought a townhome in 2013 in foreclosure. This was our second home, initially we had bought with the intention of using this ourselves when we are in town and other times use it as vacation rental. But then we were...

I have been analyzing properties for the last 8 months without making a just yet-- We've been busy doing many other things.  However, we're finally at the point where we'd like to start making offers.At the moment, I ...

Hi all, new to the BP community with my first post here.

I’ve done a lot of research on hard money loans lately. I’m looking to buy my first rehab for rental. I’m curious if one can buy property at an auction with ha...

Hello. I just attended a Than Merrill seminar in Charleston, SC to learn more about the real estate business. However, my dilemma is NO cash to start up. I couldn't dedicate $200 to learn how to start with two little ...

Hello,I am brand new to this website and have started reading some of the bigger pockets books to educate myself. My girlfriend and I have decided that we want to buy our first home this summer, and we are looking to ...

Hello Bigger Pockets Community!!!My name is Sarah Torres, I'm extremely new to this and VERY EXCITED TO MEET ALL OF YOU!!!!! No. Just kidding. But I am pretty excited.... If you couldn't already tell..  :)I live in Mi...

I'm evaluating a deal on a very small apartment complex. It's a five unit and the gross rents are $3,025. The desired cash flow is $400 per month (maybe I'm too low here....what are your thoughts?).

The stated expe...

Hello,

Tried a search, please forgive me if this has come up before.

Running the numbers for my 10 year plan... At a rate of 20% down on each ($50k or less MF properties), reinvesting every cash flow dollar earned,...