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Hi BP community!I am a 24 year old living and working in NYC. This past winter (Feb 2017) I got the Real Estate bug by stumbling upon Clayton Morris's podcast. I listened to episodes 1-100 in a matter of months. I ...
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Hey everyone! I am about to close on my first single-family rental property soon, just two months after first dipping my toe into real estate research. It's in a regular B-grade type of area, and projects to have dece...
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Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
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Hello All,I am looking to jumpstart a (NJ) RE business (flipping/buy & holds) and was wondering whether I would benefit more from obtaining my RE license or finding a good agent? My main concern is that if I'm fli...
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Is anyone building in markets as an investor with builders where you are an out of state investor and building in a market not local and hiring a general contractor to build at which point you sell spec? We are pitchi...
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Hello, as a beginner I am learning how to count all costs for repairs but I can’t find any good estimators or contractors who could help me to find out estimate to fix one big house. I am interesting to buy 5 bedroom ...
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I have close to 95% of the income that i have saved over the years from working my W2 job tied up in my investment accounts. ROTH IRA, Simple IRA (thru employer), and in my personal brokerage account.Obviously since t...
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I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...
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Does anyone in the bigger pockets community have personal experience with a Whole Life Insurance policy or Wealth Maximization Account to help build their wealth and real-estate portfolio.
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Hi all, I know there’s CAP rates, ROI / NOI, 1% rules, but in terms of cold hard dollars, I’d be fascinated to know what you average real life positive cash flow per door is, on average, per month. I’m just asking for...