Hello, Newbie here!I'm putting an offer in on a triplex in southern California for about $950kIts in a desirable area and it brings in about $5k a month in rents. The rents are about as high as they can go, so I can't...
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I own four rental properties in FL, managed remotely by a management company. All of them were bought in cash. Total worth is around $850k - $900k. My original goal was to generate enough cash flow so I can buy a hous...
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I make 150K a year right now but I work 2,000 miles away from home and from my wife. I'm miserable. So in 6 months, I'm taking a job back home making 100K a year.Can I realistically buy an apt building (as many doors ...
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Hi everyone,I am looking for an IRR sensitivity analysis template, any suggestions on the best place to find one?Thanks,Kyle
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Hello,I'm new to BiggerPockets but have found it very educating thus far as I get started in the REI world. I'm a Los Angeles native looking to invest in out of state income properties, and hopefully, build a portfoli...
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I am looking at an 18 unit complex. It consists of two buildings that each have 9 units in them. The buildings have an upper level with units and a lower level with units. There are 12 units that consist of 1 bed/1 ba...
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A shout out to @Chris Clothier and Memphis Invest for the mention in Saturday's Wall Street Journal. Here's a link to the article: http://online.wsj.com/articles/new-ways-to-profit-...I've learned a ton from him on ...
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We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
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I keep seeing these life changing one year turn arounds in peoples lives.My main question is how do people buy 10 properties in one year considering the DTI Ratio?I am personally making 65k-70k/yr at my W2 job and can...
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Hi Everyone! Long time lurker, first time posting.I’m 29 and my wife and I have a household income of around 200k. Our plan is to pay off our student loans then save up for an investment property. Currently the plan i...