Hello BiggerPockets,This is my first post on this forum. I come to you as a prospective investor who seeks knowledge and education. From what I've seen so far, you guys seem like the real deal, and I appreciate any kn...
I am new to investing in RE. I have 100K cash that I made doing some high risk investing in the stock market and am trying to spread out my risk. So I started to look into RE.
I have read up on the 2% rule and the 50...
Found another one...
Value about 90k, think I can get it for 60k
Basic number:
Rent $1000 - $1200
Expenses: $500
NOI: $500
Mortgage at 6%: $360
Cash flow: $140
Seems to work. My one concern is that I don't expec...
I have an opportunity to purchase an off market 2-unit property in the Elysian Heights section of Echo Park.To those familiar with the market:First and foremost, the property would be my primary residence and would gr...
Would like to know how others are structuring their rentals?If you have more than 10+ residential properties, how do you structure it? Put them all in one llc? Wouldn’t that be a liability though? Would love to hear f...
One very common strategy in my market is to take a distressed building, throw all the tenants out and flip it to the max. We're talking high-quality renovations to reach the top of the market rents. For example you ta...
Hi BP!I'm new to REI and I'm working with a seasoned investor on a SFR flip so I can learn more. I am putting up about $50k into the flip as a silent partner and he said he's putting up about $30k into the flip. The o...
Hello, everyone! I'm looking to leap from the nest (my parent's house), and I've been on the hunt for a duplex for my first home purchase. Unfortunately in my area, duplexes seem to be a dime a dozen (did I use that e...
I've come to a fork in the road and I need some guidance!!
I currently have a lot of personal debt and my goal is to become a full time buy and hold investor. I don't know if I should aggressively pay down m...
New member here closing on my first SFH rental in less than a month. I have run the numbers several times, but I wanted to get a second opinion to ensure I am not missing anything. First off a little bit about...