Here is my goal for 2015:- Complete 8 flips in the year- Average 15k of net profit in my pocket on each dealThat's its, pretty basic. I am closing on two properties in November that I will be listing at the beginning ...
It’s my opinion that many investors have the wrong mindset when it comes to real estate investing. This is evident when they express their goal as “ I want to own enough real estate to provide me a $10,000 per month ...
Are there ever reasons to keep a negative cashflowing property? I have a decision to make.Here is my situation...Purchased: 2005 (We are 10 years into 30 year mortgage)Reason Rented: Moved to new home. This is our or...
Lets say I spend all my money on the down payment for a multifamily rental home. How would I afford another down payment for when I buy another multifamily? Would I save up my income from tenants? That would take YEAR...
I am starting off the new year and really want to get build my wealth in a better way.I've got several properties (including my own house) paid off free and clear for over a decade. I'm 45 years old. I chatted with a...
If you could only ask a tenant 5 questions before committing to rent to them what would the questions be?
Long time lurker, first time poster. I bought my first primary SF in June 2020, before finding Biggerpockets. I have been DIY fixing the entire place and want to do a cash out refinance in the first quarter of the new...
I posted this to another PRO forum area that may have been too old for one to be interested in so I am sharing here as well in effort to reach someone who has ran into this situation or to guide me in the right direct...
Would love some thoughts on the following. Our two rentals cash flow about $300 a month each. We don’t need that annual income for other investments, meaning we have other capital. So is it best to bank that money reg...
Engineer by trade, who thought I was close to retirement & realized I have to keep working (at least 6 more years) . Looking at real estate as a source to complement my retirement income.