Branden Sewell
That didn’t go as planned!
I reached out to a lender and I was told I had to have capital of my own. I thought you didn’t have to have capital? He told me any lender is going to require me to have capital. He basically told me to save up some m...
Engelo Rumora
Why You Shouldn't Leverage When Investing In Turnkey Rentals
CASH IS KING!!!G'Day everyone,I'm going out on a limb here so before you condemn my thoughts at least have a read and try to understand them.Why does modern day society always want more more and more? GREED that is wh...
Todd Whiddon
Diary of a POP TOP Second Story Addition Project
Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
Sabrina Brown
Difficulty selling rental properties at loan amount
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
Peter Tverdov
Anyone else feel like the forums are losing value?
I find myself browsing these forums less and less as times passes. Biggerpockets is such a machine now and while there is lots of useful advice, it's primarily aimed at newbies (who can't use the search function mind ...
Toyin Dawodu
Why Do Most Investors Fail To Buy A single Property?
I was shocked, when I read a statistics about the level of success in the real estate investment industry. According to the information I read, only 5% of would be investors actually buy something. Does that mean, 95%...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Ashley Petersen
What would you do with $60k if you’re goal was $5k/mo. income?
What would you do? You have $60k in the bank to invest however you want. You might be open to opportunities all over the country. Your goal is to generate AT LEAST $5k revenue per month in less than 2 years time. What...
Account Closed
Fed Calls it a Housing Bubble - … 1st time since early 2000's
‘Unhinged’ And ‘Abnormal’: Fed Warns Of Housing Bubble As Average Cost Of New Homes Hits Record High
https://www.dailywire.com/news...
The continued rising costs in the housing market have caused the Federal Reserve...