Andrew Massaro
What are your greatest struggles and concerns?
I'm interested in hearing what new wholesalers, or those that are thinking about entering this business, are most concerned with, or struggle with the most. Some suggestions below...
1. marketing - finding motivated...
Sean Sloop
BRRRR Success AND Failure - Lessons Learned in 2019
Hi All, Just wanted to post my experience with BRRRR method. I invested in Lansing, MI. I am originally from Grand Rapids, MI and currently live out of state in MN. Below is my 2019 experience jumping into real estate...
James R.
Tenant gets "Attitude Adjustment"
I sometimes have to give tenants, what I call an "attitude adjustment".Below is an email that I sent to a tenant. In her email, she talked about invoicing me for when she had to talk to the utility company. I sent t...
Jj Horst
Is "Cash for Keys" ethical? Thoughts?
I'm curious on others thoughts. I attempted to do a "Cash for Keys" deal with a non-paying tenant. He ended up not following through so now he is being evicted, but going through that process did make me think about t...
Łukasz Juraszek
1% rule, 2% rule are BS...
In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
Paul Cordero
Can a seller deny offers financed by certain banks?
I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
Anthony Williams
Contract assignment
Can I assign a contract on a property that has an existing mortgage on it? Its not in foreclosure yet.
Bill Dengler
Confused "Highest and Best Offer"
So I have been going back and forth on a bank owned foreclosure. We keep making cash offers and they hardly budge on the price. After a month of going back and forth they finally told use "Highest and Best" as they ha...
Account Closed
Tenant threatening legal action over security deposit
Hi Bigger Pockets -- I have a situation I'm not sure how to deal with, am hoping for your help. For context, I am a new investor who is househacking my first property; at this time I do not have a lawyer, and the hous...
Timothy W.
Why Michael Moore is wrong about capitalism
http://business.nd.edu/ask_more/commentary.aspx?id=4649
I found this very interesting article written by two Notre Dame university business professors. It is short and succinct but very interesti...