Hi! I am new here and Im so thankful to be a part of BP. First, I wAnt to let you know that I am an immigrant here in Canada for almost 7 yrs and still working on my permanent residence. I am a go getter person and h...
My wife and I are new investors who only own a couple doors.We currently rent and had planned to buy a primary residence during this time. Covid obviously changed all that and the combination of an insane sellers-mark...
Hello everybody! I've found some amazing info on this site and I'm ready for some info tailored to my personal goals. I'm about to unload my situation so thanks to anybody who takes the time out of their day to read a...
Here's my current portfolio. I’m looking for advice on whether to sell and move into better cash flow properties:Property 1: Florida SFR 3/2 (paid: $183K, worth $121K; rents for $925/mo.; own F&C).Property 2: Flo...
Current tenant signed a one year rental lease on the single family property I own. I feel like I can create more cash flow by putting the house on AirB&B after the lease agreement runs out. Any suggestions o...
I have 4 mortgages where I am paying approx. $35k per year in interest. This obviously reduces my tax burden. With other deductions, I pay no taxes at all. I have the funds to pay off these mortgages. Would it be wis...
Hi BP! Just wanted to introduce myself. My name is James, currently living in Long Island, NY and I have been trying to learn everything I can to start in the REI business.I currently work a full time job in the IT in...
Hello All! Long time lurker here and avid podcast listener. I have been fortunate enough to have saved 200k and am wanting to put this into real estate. My goal is to get to 10k a month in net income through rental...
If you were to get a BRRR that you could pull all of your money out and some but it didn't cashflow really, would you still keep it? I know this depends on goals, etc. But in the overview, you get a rental property wi...
I'm just starting out buying rental properties but live in a very expensive market (San Diego). The average SFH is approximately 650K. How do you purchase cash flow positive rental properties in an expensive market ...