George Gammon
Dave Ramsey Is Misleading The Public
I wanted to address this to educate people who have been mislead by the financial services industry...not just Dave Ramsey Step 7 - Build wealth and give. This is where he want's you to "invest in mutual funds," and...
Bruce Lynn
Everyone wants to buy a foreclosure until they get to see inside the property
Everyone wants to buy a foreclosure until they get to see inside the property.
Look at what this guy won at the tax foreclosure option.https://www.13abc.com/2024/02/25/buyer-beware-local-man-buys...
It's not always ...
Alan M.
Came into a lot of money - What should I do with it?
I recently inherited a big chunk of change. I'd rather not disclose the full amount but I do pretty well in my day job (software sales), and it's about 8x the most I've made in a year. For now a sizable portion of it ...
James Gates
The Power of the BRRRR: The Sequel (Details + Numbers + Photos)
Hey BiggerPockets!
I was absolutely blown away by the amazing responses, encouragement, and detailed questions from my first BRRRR post, so I figured I would share our journey on a recently completed BRRRR deal.
Bac...
Justin Westmoreland
Average Profit per flip
I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...
Account Closed
Buy & Holds Out-of-State Portfolios - Who has been holding for 10+ years?
I'm working numbers for some out-state buy-and-holds. As usual, I'm underwhelmed by the numbers, especially in the Midwest and the South. Man, those are some low rents, even in good areas for good houses.I'd like to...
John Hickey
How to build a real estate empire in high Crime area
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
Ben Leybovich
How To Get Out of Real Estate...?!
Everyone is asking how to get into RE. I want to know - how to get out? It was fun while it lasted, but I'm kinda done...Any ideas?I've had oil on my mind lately, and Serge is no freaking help. Should I maybe buy s...
James Bynum
Recently received an inheritance and working on a strategy.
I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
Karen M.
What are some options for funding a rehab project?
Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...