Hi All,In the past 10 years, I've had a very good niche' buying foreclosed properties from banks and rehabbing them and turning them into rentals. It's worked out very well and I've learned a great deal along the way...
I currently have a rental property that is, on average, giving me zero cash flow (up until my recent rent increase, I was paying about $100-200 out of pocket per month).Before I get beat up on that... I got divorced 4...
Hello BiggerPockets,I recently had the epiphany that I am not going to be able to live the life that I want to lead if I just continue putting the typical 8-10% into my 401k. I am 23 years old, a 2014 graduate of UC I...
Hi. My wife and I are in escrow on a duplex in our city. We are both 30 and currently we both work full-time W2 jobs. I am considered a high earner and in the top tax bracket currently. Our plan is to move her to part...
Hi all, I'm investigating the possibility of converting a former big box store to self storage and I'm wondering if there are any basic rules of thumb to determine how much of a buildings space can be converted to sto...
Hello BP Peeps,Can someone please clarify, if REO Properties mean the bank has removed all Liens and/or money due on the property?Or does it simply mean the property did not sell at auction and the bank still owns th...
I seem to always hit a snag when trying to get a loan for my 11th property. I have a few that I would love to get loans for , but seems like the interest rate jumps when I get to #11.Does anyone have other options wi...
Hello all. I am Jason and I am currently living in Irvine, CA. While this is now home, I grew up in a small town in Oklahoma. What a different world I now live in.My background is in finance. I received my bachelor's ...
Hello all,I'm jumping head first into the BiggerPockets community in an effort to better understand all the moving parts of the real estate industry and network with the thought leaders in real estate technology.My na...
The question I have is how would you invest 250k cash? Paid off low income homes, use as leverage to purchase as many properties as possible or use as a down payment on a small apartment complex/trailer park. I perso...