Bradley Buxton
What are the scariest things about real estate investing?
5 January 2025 | 24 replies
Horror story #2: while selling off one of the Class C Indianapolis properties, buyer asked me to pay replace the sewer line before closing... absolutely not...here's a partial credit (check to written out to contractor from closing proceeds so buyers don't pocket the money)
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
@Jack Cottrell You Vacancy & Maintenance percentage are aggressive and may only work for a Class A rental/tenant.If the is a Class B or C rental that will attract Class B or C tenants, you should strongly consider increasing those percentages.NOTE: we deal with a LOT of Class B & C rentals, so we replace "Vacancy" with "Vacancy/Tenant Nonperformance".
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
30 January 2025 | 47 replies
And, if you were able to generate $500/mo cash flow as Scott suggests, his method would not replace your income: if you could do only 3 properties a year that would net $1500/mo cash flow and it would take you 10 years to scale it to $15000/mo.
William Stewart
Liability Insurance for room rental
30 December 2024 | 11 replies
Our program offers a range of coverage levels, including basic or special form coverage and actual cash value (ACV) or replacement cost (RC) loss settlement methods.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
I have now replaced my old corporate job income and expect to make over $70k cashflow off of my 31 unit portfolio while also having the time I want to be able to enjoy sailing, camping, hiking, and hunting.
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
Quote from @Kevin Robert Highgate: The ability to invest in property and replace your W2 income quickly is tough.
Kezia Edmonson
SFH investment 1031 into MFH investment/primary?
23 December 2024 | 5 replies
If you are purchasing that MF property for $1 mil then you can use the 3 units as your replacment for the 1031 exchange ($750K of value) and live in the last unit ($250K of value).An awesome way to house hack your way up!!!
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
Your renters will destroy these items and want you to replace them.
Mitch M.
What happens to a solar lease in California AFTER Foreclosure?
26 December 2024 | 2 replies
The solar system adds no value to my property for rental purposes, and I may even be ripping up the roof & replacing it in the new year.Beyond sending a nasty letter through my attorney via certified mail, demanding the company come pick up their equipment, am I required to take any further action or fulfill any obligations regarding these contracts?
Janea L.
AI and REI
29 December 2024 | 17 replies
It's important to remember that all the analytics in the world cannot replace the human touch.