Hi BP!So here's the situation. I have decided to become a real estate investor and am super excited about this journey. I bought a home two years ago here in South Florida (my wife, and 1 daughter) for 235k.We did not...
I'm reading a free book on REI from http://iloverealestate.tv/ in which the author talks about a rule she made up called the Rule of Two. In this, you divide the purchase price by 1,000 and multiple that by 2 in order...
I currently own 8 rentals, with 4 of them with mortgages under my name, and the other 4 with mortgages to my company name using private money with high interest ( they still cash flow so I don't mind the high inte...
Ok , check this out... 4 years ago i co-bought a house with a friend of mine (both of us are nurses). To cut out a lot of boring details, we are now trying to short sale the house.Because we were not in default and i ...
I'm new to real estate investing and have been reading and listening to podcasts to learn more. I definitely want to get into it, and wanted to share my thoughts and my plan and get some feedback from those with exper...
I've been tracking every dollar in and out of my REI activities for the past few years and decided to back-test the numbers to answer the question: What if I would have put all those investment dollars into a super pa...
Some people say not to invest until you can start with atleast 50-100 units+. Others beg to differ to “take action” even If Its a 4 plex. What is advice to anyone wanting to get started in multifamily investing.
Hello BP members!I live in Northern New Jersey and I am totally new at Real Estate Investing. I am eager to learn and make new connections with other investors to get out the rat race! Could you please help me with th...
I've been living with my parents and I am planning on getting an FHA Loan to purchase my first home. I want to house hack and rent all of the rooms out (since with an FHA Loan I have to be a primary resident I cannot ...
I had a family that I rented to for the last three years in a SFH, 3b/2ba in Bham AL. The house was a vacate forclosure that we renovated to meet the neighborhood standard, engineered floors, tile kitchen, freshly p...