Hey BP, I'm looking for some advice I'm looking to purchase a property in a cheaper market a few hours away (I live and work in the Orange County, CA area, which tends to be a pricier market). Initially, when learning...
Obviously a wise person would put away 6 months to 1 year of operating expenses for any property. Assuming that one did this, when following the 50% rule, is the property then labeled "self-sufficient?"
If this is t...
I have an opportunity to invest in a real estate related opportunity, but instead of being backed by any hard assets, such as the property, the borrower has agreed to personally guarantee the loan. I know this individ...
Hello everyone! I'm interested in buying my first investment rental property with the goal of maximizing cash flow (e.g. targeting multi-family where possible). I am in New York so I'm looking to buy out of state.What...
Hello BP Nation.After reading the post with link below:https://www.biggerpockets.com/forums/517/topics/60645-lender-scams-and-warning-signs-beware-protect-yourself-I decided to share this experience to ensure no one i...
I am looking to get into doing fix & flips. I currently have 3 rental properties and now want to move on into fix and flip. I have 3 associates / relatives that would be doing my renovations, as I would be finding...
Hello all, I am interested in buy and hold strategies however I have zero experience in buying any type property. I am interested in getting my feet wet and I am trying to decided which course of action would make the...
I have a property that has a cash flow after expenses of $175 a month. My question is should I let that money build up in an account or apply that money to principal on the mortgage?
Hey Everyone ! Just want others opinion on this If you have 500k , what would you invest in to generate good cash flow ? Stocks , multi family , other creative investments ? Preferably 10-20% return A quick summary o...