A little back history. We purchased our first home in 2012 in CA. It was our primary residence, and when the military moved me to NM it became a rental for us. This of course like so many people got us interested in o...
I am trying to get the ball rolling to purchase my first property. However, I am currently a student and do not have any stable, monthly income. I have been trying to find out whether or not I will be able to qualif...
Hey BP,I came across this listing on Trulia, and I'm hoping that someone else can check my work.I did my analysis on google sheets here, the result of which is that I expect a healthy cash-flow. Overall, its $46k to ...
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Good Morning Biggerpockets! I thought to start a forum post on one of my favorite topics, "Landlord Tricks of the Trade" I've shared this with many colleagues and investors and felt it's time to post on Biggerpockets....
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Back in 2015 I bought my first rental in Durham, NC. After looking for a month, this seemed like the best deal.Specs:4/2 built in 2006 1200sqftPP: $94500Had a tenant in place renting for $1050.I recently had the prope...
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Hello everyone,I am a newbie from San Diego area (north county) and I am very motivated to buy my first investment multi family by the end of this year. As you know SD is very hot which makes me thinking to I invest o...
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BAD DEAL:I signed a purchase and sale agreement for a home in Chattanooga, Tennessee, Orchard Knob, on the southern end. The property is a single family, 1300 SF, 3BD/1BA, got it for 65k, anticipating $1000/mo in rent...
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Hey, My name is drae, I'm 24, and I live in Austin TX. After watching a rich dad poor dad video I decided it was best I focus on investing in real estate asap. I was wondering how much money should I save up as a down...
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So, we're in contract on a property. The asking price was 565,000 and we're in contract for $555,000. The appraisal just came back $91,000 below original asking at 474,000. The seller doesn't have a lot of equity in t...
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Hey all,I'm pretty new to real estate and was originally considering buying a starter condo around 2024, but am now sold on house hacking. Below is some background information for context and a few options I have so f...