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We went into REI investing with our retirement funds and own properties in AZ and CA and some notes in other states. While we live in AZ, we'd hoped to eventually move to SoCal. We greatly need to increase our cash ...
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Hello team. Total newbie here....been renting my entire life and finally (at 33 yrs old) realizing that my military Basic Allowance for Housing (BAH) could be building equity and become a rental property instead of b...
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Hi, newbie landlord here. I finally found some good tenants to rent out my house. Now I need a lease for them to sign. I found an attorney who said he could write one up for me for $350 (which seems kinda steep for m...
Hello guys,my partner and i are using for the first time a local hard money lender in the los angeles area. We are borrowing 250k over 3 monthsWe just received their estimated settlement statement which seems to carry...
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Hello fellow investors!
I’ve found my first property, am in negotiating stage right now. This is a duplex 2 beds and 1 bath each unit looks like, I can’t see the other unit because it’s rented. They wanted $169K, dr...
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Hi BP community I just want to start off by introducing myself to everyone and I thank everyone for your contributions in advance. My name is Paul Yousef from the greater Detroit Area. I've been on bigger pockets for ...
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We purchased a property in Chicago at auction that is one of the standard Chicago greystone multi unit structures. However, this was illegally converted to a single family residence I believe sometime back in the 90s ...
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Hello - I am a 22 year 2017 college graduate. I am currently employed but am seeking passive income in 2018. I am curious, from the various experiences of those reading this, how much should be put down on a first mul...
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Hi All, I have a career making a good salary, My dream is to buy a building. Not sure where to start. I have heard start with condo, or SFH, but listening to Grant Cardone, he would say start with 4unit building or gr...
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We have a contract on rental #6. Cash out of pocket $15,000, Purchase price $89,000, rehab $23,000, ARV $135,000, capital gain $12,000, 80% return on capital gains, monthly cash flow $463, 37% cash on cash return, tot...