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Results (10,000+)
William Huston How many of you all invest like this...
22 August 2018 | 1 reply
At the meetup there was a speaker who was talking about his success to financial independent and when he went through his list of rentals he bought over the years it left me with a lot of questions. 1: Most of his rentals he bought in B+ to A area's in the 300-450k range in Florida.2: His numbers just didnt make sense, one deal he posted it showed literally like a +$5/month cashflow only....So afterwards i started to talk to him more and he mentioned that he is not the type that invest in cashflow, he is a equity investor... intrigued me so i asked more questions and basically he went on to explain to me that he buys properties that need a little bit of work, but have built in equity in the deal, but he has 4 main rules he goes by... 1: If the Roof is greater than 10 years, he always puts a reduction in his offer for a replacement roof.2: If the A/C is older than 5 years, he always puts a reduction in his offer for a replacement a/c.3: If the house is older than 30yrs old, he always puts 10-15k reduction in his offer for a water line replacement.4: He refuses to buy houses with pools....Anyways after a bit of talking he explained to me that he buys larger 300-450k houses, because most investors are educated to not buy them, so there is a lot of room to wiggle on the deals due to lack of competition on offers and most people in that price range are easily able to be purchased with a few % out of the deal to skip agent commisions..Example he gave me, he recently bought a 455k deal for 405k, but the ARV 535k, because he talked them down in needing a new roof, and a/c and offered to pay cash instead of going through an agent if he would drop 4% off the price for that... 
Chris Jones Rental Portfolio Question
22 August 2018 | 6 replies
When you start getting up to 6 or more, then it's time to explore a new area (maybe 10+ if you were in a larger market).
Catherine Morel Running a market analysis
22 August 2018 | 0 replies
How do I know if the market I am looking at is small or larger?
Or Y. 15y vs. 30y strategy - convince me i'm wrong
27 August 2018 | 12 replies
Although most investors have a preferred strategy and may try to sell it to others, me being no exception, once you analyse your options, 15 or 30, the choice should be obvious and 9 times in 10 the option to go with 15 or accelerated pay down has nothing to do with making money (the future being entirely unpredictable).
Steven Coppola Having negative cash flow to pay off mortgage faster
25 August 2018 | 6 replies
If you are willing to shell out an extra $1k/month to pay it off in 5 years just save the money and put a larger down payment down to lower the payment.
Jonathan Taylor CA prop 10 opinions
30 October 2018 | 59 replies
Which is good for the tax base as well as tenants, who get more choice.
Account Closed Looking for successful DEAF BiggerPockets Members
19 August 2021 | 8 replies
There is more project i will work on once my first-time house flipping is successfully in order to buy larger land acres expanding more units of deaf housing community.Tell me how can I help you to work with you.
David Medina Than Merrill--Anyone familiar?
28 August 2018 | 28 replies
A lot of information which lead a to the choice of buy their system packages which range from 29k to 45k.
Frank Wolter Bam 300% return. Oh and I love you Ms. 1031.
16 September 2018 | 5 replies
The larger is going to be my new office.
Ben Israel Is a VRBO Style Rental a good or bad idea
23 August 2018 | 17 replies
These are weekly beachfront rentals ranging from $200 per week up to $8000 per week for the larger properties.