J. Mitchell Bernier
Recession Indicator Going Off
Wells Fargo recently put out a report detailing the correlation between the inversion of the 10yr vs 1yr Treasury and predicting recessions. What they found was that when the yield curve inverted for the 10yr vs the 1...
Ryan Dossey
Wholesale profits = Down payments?
Those of you guys that have been at this awhile talk to me.... Is it a bad idea to use wholesale profits to pay for down payments on rental properties. Obviously one would need some cash reserves ICE. But are there an...
Lucas Mills
Some questions about getting my real estate license. Worth it?
I am looking to obtain my first investment property sometime within the next 6 months. I've already been through the process of making an offer, but I ended up backing out because the property was in a flood zone and ...
Aaron Arthur
When family is involved the money pit begins. Need PM and advice
My fiancé and I bought a 3bd 3ba sfh in Waukegan, IL. We agreed that I would house hack while she finished her job in San Diego. I am active duty military and was stationed in IL for a time. I allowed my newly divo...
Jesus Farias
Who Here Owns Property in Mexico? and How does it compare to U.S.
Hi, I'm interested in knowing more about real estate in Mexico. I've done some research on properties there and they look full of potential and not just because of the price. But yes mainly because of the price and lo...
Tim Lyons
Can't be profitable with just one property?
On another forum, someone argued that buying just one property was a bad idea, stating that it will "drain me" and that you need multiple properties to be successful. I told him that if any one property can't be profi...
Bogdan Cirlig
When Low Purchase price doesn't make a great Investment option
In the today's real estate markets, investors are finding an abundance of distressed inventory and in some cases for prices that are 10% of the "replacement" cost of the property.After quickly glancing at the rents on...
Josh H.
How to Find More Homes to Fix & Flip?
Hello BiggerPockets Community,
I am in a little bit of a situation and looking for help. My wife and I have been flipping homes for the last three years, we have flipped 30 houses with all of them being profitable. M...
Joe White
Tips on better returns on lender required liquid Reserves?
Lenders require liquid reserves (like 6 months of mortgage payments) per property; & savings cash is dead money. When you are talking $5-6k per property, this adds up. Presently I am relying on my 401k; which real...
Karla Talancon
Property Management
I am looking to buy properties in Chicago. I am an out-of-state investor and would love to know about the property management companies that other people are using. Also bad experiences with specific companies. Feel f...