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16 January 2025 | 8 replies
Wage garnishment , attach any bank accounts , and or vehicles
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16 January 2025 | 4 replies
I would, If in this position, take the equity in the form of a HELOC and purchase a cash flowing asset that would not only pay for itself but pay for the cost of the money while putting cash into my bank account each month.
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3 February 2025 | 11 replies
It’s like you bought the properties with a 30 year loan and are putting the rest in to a savings account.
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6 January 2025 | 77 replies
Quote from @Bruce Woodruff: I don't really even notice them, and I certainly don't click on them to actually read and get involved.....Just another way of getting business and not a great one IMO..By the way, does anyone know anything about framing a staircase?
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26 January 2025 | 28 replies
Our first event may be geared toward beginners but I’d like to have discussions at all levels & all different topics.It will only be 40 minutes long max, because that’s what my Zoom account is set up for.See our announcement on Bigger Pockets here:https://www.biggerpockets.com/...I’ll be discussing some of the most common questions people have about real estate.
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15 January 2025 | 13 replies
What about Debit Cards attached to a checking account?
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11 January 2025 | 1 reply
Now more than ever, I am seeing offers required to be submitted through a portal where the listing agents want no business being involved with up front negotiations.
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13 January 2025 | 5 replies
That’s okay—what’s important is understanding the "why" behind your investment decisions.While your accountant’s suggestion is a great starting point, make sure investing aligns with your own goals and situation—not just because someone else is enthusiastic about a particular strategy.
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29 January 2025 | 32 replies
Build a solid foundation before taking a step up - each and every step of the way.There’s a way to scale recklessly and there is a way to scale safely.When OPM is involved safe is way better than reckless.Despite a life long career in RE, I scaled as followsBought a few duplexes for my own accountBought a fourplex for my own accountBought 12 units as a JV with some friendsSyndicated 43 unitsSyndicated 30 unitsBought another 12 units as a JVSyndicated 281 unitsThis was over a 3 or 4 year period.and so forth - now I am GP in close to 1000 units with $125M AUM.Even with all that, my sweet spot is 30 to 50 unit properties - they work best for my partners and I and more importantly our investors.
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20 January 2025 | 242 replies
The company is in a huge crisis - he said the entire accounting department walked out while he worked there.