I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
“Cash flow is king” is a mantra to many. It’s repeated over and over in forums and conferences. I am not a “cash flow is king” investor
Pending one’s stage in life and career, I submit growing equity and increasi...
So I have to put $1,500,000 in a rental somewhere. The option (for whatever reason) is either LA (appreciation) or Baltimore (cash flow).Sure, investors never can agree to disagree on which is best, but the numbers se...
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
I stumbled across the American Homeowner Preservation (AHP) Fund ad on a podcast. Upon going to their website and researching further, it appears it's a hedge fund that buys discounted mortgages and supposedly tries ...
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
I know this may be a weird question to ask on a real estate forum (Im thinking the vast majority of responses will be pro real estate), but I wanted to get some different perspectives from the BP community. I current...
Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...
I built a rental portfolio of 127 units and soon to double in the next year. I've experienced a little bit of everything: wholesaling, flips, single family rentals, multi family rentals, office, commercial, developme...