Hello everyone,I'm new to the forum and have been doing a lot of research in buying rental properties. I currently live in the Philadelphia, but would like to invest in lower income areas such as Chester, Marcus Hook,...
We are in the market to buy and hold and plan to put down 25%.We have a seasonal real estate agent working with us, who is also a friend. Rent in the areas we are interested in is about $1300 – $1550 for a 2 bds/1 ba...
I hired a general contractor for replacing roof, remodel kitchen and bathroom along with painting and some other work. the whole project is about $ 65k which include materials and labor with a payment schedule . he's ...
Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
Anytime we face a challenge personally or as a society there are lessons to be learned from that challenge. COVID-19 has challenged different people in different ways and we will probably each have our own takeaways ...
In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
The city, of course, is bad for investing. There's crime in every city I wouldn't touch with a 10' pole.
Have you not seen the appreciation numbers? Think it was 20% last year & 10% so far this year. Plus, the c...
Hi All! I've been in the bigger pockets community for a while now but havent been very active. I have a full time job but my wife and I are looking to get into the lucrative business of real estate to hopefully leave ...
Hello,
I was wondering if any of the seasoned real estate investors here have a RE license. Are there more advantages to having one? Increased liability? I'm trying to figure out what would be the best way for me to ...
Hello everyone. I just started the mortgage application process and have been pre-approved for a loan with a 6.75% interest rate. I was planning on purchasing a duplex this summer and going the FHA route, but now am n...