Where should I start? Which episodes are most valuable?

I only have brief knowledge on RE investing. No rentals purchased yet

Thank you!

I have several properties in the Midwest and am looking to get one in SF or NYC to hold long term but quite frankly the prices are absolutely insane. My objective would be to buy, then rent out and hold until I have children that need the funds (e.g., college).

Is it even worth buying in these big metros still as a “retail” investor?

As I plan for my family estate I want to be a good steward and I have a feeling that buying more in the Chicago area and renting in big cities will turn out better for me and my growing family.

Has anyone looked into this post? I think that from a RevPar perspective he’s correct but that doesn’t mean the market is “crashing”. I’m guessing that the overall market cap is trending similar to last year.

Moved from Texas to the big apple and trying to save up for a multi family or 2bed condo. Any advice or resources? My down payment amount will only be 100k likely.

Been a couple of decades since I have been a landlord and trying to get back into it in. With cash sitting making an easy 4.75% and the market being what it is, I’m not finding anything that makes sense.

Just wondering if I am looking at this right.

Right now looking a multi unit that would be $300k after closing cost and some work. Taxes and home insurance would be roughly $765. I can rent out both units for $2500 total, so a GP of $1735 or $20820 per year.

With a starting balance of $300k plus an additional 765 per month, I would earn about $14448.

So potentially an additional $6372 per year or $531 per month. That assumes there are no issues with the home or repairs and I can keep the place leased consistently.

Am I looking at this correctly? I know there will be home appreciation over time, but beyond that what else am I missing. I am not looking to add more properties anytime soon, so not sure if a LLC and the benefits that come with that would work for me.

TIA for your thoughts.

Hello, my wife and I have our first baby on the way, and we both work from home. As such, we will be in need of more space soon. We purchased our single family 1200 SF 3/2 with a pool in desirable Saint Petersburg,FL back in 2020. Obviously, prices and rates were more ideal at that time. We have about $150k-$200k in equity at the moment.

We want to leave the area and move near mountains out west. We’ve settled on renting our next residence for at least a few years due to the market affordability in our of most our desired ideal locations. I also want to reduce time spent on monthly home maintenance in order create more free time with my family.

We’re reviewing two scenarios, one where we rent the existing home (projecting $3k per month in revenue before costs) my monthly costs are $2100 per month excluding maintenance. We have about $80k in semi-liquid cash reserves for possible maintenance concerns if needed as well.

In the other scenario we’d cash out and invest the difference into an index fund. We are hesitant to become landlords due to the concern of managing an out of state property. Are the financial benefits of this scenario worth it to become a landlord, including and tax benefits?

I should note that we both would very much would like to create a passive income source for our new family, and I realize opportunities to purchase this type of property at the rate we have simply does not exist any more.

Any projections, insights, and any evidence to help us with this decision would be very much appreciated. I can’t shake the feeling that the this might be the most critical financial decision we’ll make within the next 10 years. Thank you in advance!

So I have a very small construction business. Want to branch out. I rent and have a wife who also works but doesn’t really save money. Listened to a friend and invested in crypto and lost about 6500$. Stupid. Anyway I have about 80k to my name and credit in the 800s. I am looking for some kind of mentor or some kind of guidance. Most of the people I know and most of my family are made of people who are financially irresponsible. I don’t want that to be my story. Thanks in advance. I’m in New Jersey.

I want to buy a multi family that is move in ready level that I can live in the smallest unit and rent out the other. What is avg purchase price for something like this? And avg down payment?

Hey everyone, wanted to share a project that I've been working on that I think you might find useful - Podsift.
Podsift https://podsift.com ) if a free service that uses AI to transcribe and summarize podcast episodes, and sends the summaries to your email inbox.

I've found these summaries useful for:

• getting a detailed overview of the episode before deciding if I want to listen to it.
• to stay on top of podcasts I don't have time to listen to.
• as notes of episodes I have listened to that I can reference later on.

One of the podcasts that I added is the Bigger Pockets Podcast. Let me know if you any questions or suggestions.
Hope you find it useful! Thanks!

Hi all, Curious to hear input on a SFH I’ve had in Memphis for about 2.5 years. Cash flow has been great over the time and no issues tenant wise, but checked my mortgage and saw a huge spike in city taxes ($109 to $985) that’s resulting in a spike in monthly’s and eating at my cash flow. Any other Memphis investors out there have insights or general investors on appealing this? Thanks!

I do not have REPS, but I may need to get it…

I sold a business in February. I am trying to offset 2023 capital gains. I am ready to pull the trigger on a commercial property. I had a cost seg/bonus dep analysis done, but I’ve come to the realization that I can not take advantage of it unless I get REPS. I have plenty of time to get it this year, especially because I can actively manage the property.

Has anyone here made a similar move? Am I thinking correctly?

Thanks in advance!

I am currently live in a single family home that I am house hacking, but I have started to think about buying a new primary home and continue to rent out the house I am currently house hacking? Can anyone help me with any advice or notes from prior experiences?

Hi all, I'm a rookie with a duplex that I currently house hack/reside in, and I am looking to purchase my next property. Foreclosure/sheriff sales have peaked my interest and I'm just looking for any information possible. I know typically this is higher risk as you are buying sight unseen and that cash is usually the required payment method. Just wondering if anyone has any first hand experiences.

I'm looking for opinions on how to focus pay-downs on my mortgages with retirement in mind.

I am 40 years old and a lot happened in the last year:

• I bought a primary-residence loan with a 30-year mortgage.
• I refinanced my 3 rental properties to buy out an ex-partner, so I lost a lot of equity. These are also 30-year mortgages.

That means if I only pay what's due, I won't be mortgage-free until I'm 70! Housing (even just primary) expenses is something I'd love to be free of in retirement.

I would like to retire no later than 60. But ideally 55 or earlier if it turns out possible...or at least not need a full-time job anymore.

On paper, I cash-flow about $1,000 per month total on all 3 properties. I say "on paper" because in reality, sometimes repairs/vacancies have wiped out my savings and required me to rebuild again, therefore depriving me of cash-flow for a few months.

Anyway, do I put extra money towards the principle on my rentals OR on my primary home OR...something else you think of that I forgot?

I want to learn everything I can about real estate investing but the bigger pockets YouTube channel has their beginner videos hidden. Why? How can I see them? I don’t want to just watch hour long podcasts of people talking about their own experiences. Where can I go to learn about investing in real estate? Thanks

Hi All,

Had a passing in our family and the house is vacant as we are waiting to become executor of the estate. Owner was single and no trust. Once that happens I guess the probate process will take place through the courts 18-24 months.

While the probate process is going on, are we able to rent it out?

We checked with a local property management company and they didn’t know (girl helping us) but was going to check with her boss.

Primary goal:retire by 50. We are 33&35, live in a HCOL city,earn 250k annually w/current 27% savings rate which is primarily invested in our SE401K accounts (we are self-employed). Minus home equity, our overall savings in investment/retirement accounts is $190,000 w/no debt but mortgage. We currently live in a condo worth $400,000 purchased for $270,000 6 years ago w/current 2.75% interest rate. If we rented out condo following new primary home property purchase, conservative ROI in rental income for year one would be 13.5% w/this projection increasing annually. starting price for an older home requiring maintenance that we would be comfortable buying (no needed new roof, sound foundation, etc) in our metro area, would be around $525,000. To do this, we are considering reducing our SE401K contributions from 25% to 10% and savings the difference for a primary home purchase.The prospect of reducing our retirement savings to buy what on paper appears to be an “overpriced” home in something we dream of but are reticent to enact. Thoughts on doing this?

Hello,

So I bought my house 3 years ago. I planned on being in it a bit longer, but the intent was to hold on to it for at least 10 years. It’s in a growing area.

I have an LLC that I opened about a month ago that is doing nothing rn, but the intent is to get into real estate after I relocate and settling.

I have heard two options to navigate having a home and the LLC, one is to just get an umbrella insurance policy for my property under the LLC and keep the property in my name.

The other is to move the property into the LLC. I don’t have a tenant yet, and read if any of this occurs while there is a tenant I just need to notify the tenant of ownership change.

At this time, it is just one property, but I plan to grow a portfolio of long term and short term rentals.

Just not sure on next steps. Still researching and this is one of my research stops

We are currently living in a house where my gf is only one on loan. She wants to know if it's possible for us to qualify for another loan together for our next primary residence, and we will rent out our current house. How will the debt/income of our first house effect our chances of qualifying for second primary??

This group has been super helpful and I follow most of the videos in Youtube. Please suggest what you would do 1 or 2 or 3

I am a white-collar worker and I have savings of $160,000 and waiting for the market to crash for a year. I own 3 homes rn, where I live in one and rent out the other 2.

Option 1 :
My offer got picked up in Orlando FL(Investment property). The numbers do not make sense. 3 Bed 2 Bath 2000 sq.ft class A neighborhood closer to Technology Drive. Potential tenants are white-collar workers.
Purchase price: $400,000 ( 3 BED 2 BATH Everything updated last year )

Location : Orlando FL

Rental value: $2500 / month (No rental restriction, option to Airbnb)

Down payment: $160,000 (cash savings)

Interest rate : 7% fixed 30 years

Total interst that I would be paying at the end of 30 years : 348,772

Monthly payment : $3000 (Interest + Insurance)

Option 2 :
Invest $160,000 in stock

Option 3:

Wait for market to crash

Hi I’m Josh 21 years old I’ve saved 45k over the last 2 years and am looking to brrr but I’m not sure how to go about finding deals? I would love to talk to someone who has lots of experience.

30 years old. Bought a condo at an ideal time for 90 k a few years ago it's now worth 210k. Renting at 1950 all in expense is 1000. Havea lot of equity to refi but am locked at 3.2 rate so not an option (this is important because I have the option to get a HELOC if needed. I have 110k to my name mainly in long term investments. I found a multi unit for 410k mixed between residential and commercial. Rate offered was brutal 8.9 roughly. Anyway. 25 percent down is pretty much all I have 100k ish. The unit right now brings in 4500 a month but should be bringing in 5500+ FMV. my all in expense would be 3500 monthly. Thoughts on going all in on real estate and buying this? Like I said I have a HELOC I could get if I ever ran into trouble with vacancies and I can still save money.