Elijah Berg
36% Rent increse Two weeks Into First duplex as a 19 year old Investor
4 January 2025 | 23 replies
After a couple of years of treading the path to frugality to build this financial runway, I've networked with the greatest people who made this all happen, of course, it took the strength, determination, time, etc to place myself where I am today but, without the mentorship of my two great mentors whom I wish used BiggerPockets so I can mention, I don't believe I would have made it thus far relying on some whimsical dream that this will all pan out accordingly, thank you for everything Greg and Lashawn.In addition, I would like to thank Bigger Pockets for connecting me with the greatest realtor @Stephen Schmitt Who took my dreams and aspirations to the core when we first connected and spoke about my future goals to replace my W2 job for financial freedom. within three months of me deciding to pull the trigger and get pre-approved, we found this killer cash-cow that apprised over purchase price!!!
Jeremy Beland
Timing is Everything
24 December 2024 | 1 reply
He locked in a deal that would later bring in a $40,000-$50,000 assignment fee.Here’s the kicker: as Dylan was leaving, another investor pulled up to meet the seller—just minutes too late.
Paola Astrid
Refinance DSCR Conventional?
26 December 2024 | 15 replies
If you're planning to move out, a conventional refi might be a solid way to get rid of PMI and lock in better terms—especially with your credit score.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
I did have to pay points (and we locked in just before the interest rates went up again) but the math showed it was worth it to me in the long run to pay it up front as I'm a long term holder.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
A lot of stuff that we've locked up has been cash-flow positive day one.
Toby Khan
Wichita, KS Investors
9 January 2025 | 107 replies
If your numbers are still good with these variables then pull the trigger.
Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
I haven't drove through that area in about 10 years but I remember we closed all windows and locked everything up when we did.
Alvin Sylvain
Anybody play this game called "Tenants" on Steam?
24 December 2024 | 9 replies
It's good practice in making the calculations needed to decide whether or not to pull the trigger on a potential deal.You soon learn that starting off as a Doctor is less advantageous than starting off as a Janitor, because the game presets your income and expenses based on the job title.
Deborah Wodell
How Are You Covering Down Payments & Closing Costs for Your Fix & Flip Deals?
10 December 2024 | 8 replies
How do you make sure you have enough funds to pull the trigger on a deal?