Mindy Jensen
FAQ Forum Question: Is Wholesaling Legal?
Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...
Adam Juodis
Negative Cash Flow
Hey guys, I'm a super noob( I literally got into this 2 days ago, but I've spent all my free time doing research). So I'm gonna pose my question through this example:Say I buy a 100k property with 20k down. I find a t...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
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...
Jonathan Greene
Why are so many new investors looking for out-of-state properties
Every day in the forums it's the same thing. "I'm just getting started and I've analyzed a ton of deals (never seen any in real life) in several markets that are nowhere near where I live because where I live there ar...
Joshua Dorkin
Updating the BiggerPockets Influence System
Hey All -
One of our upcoming projects is to update our influence system to one that better reflects a user's influence on the site.
We will be transforming the system from the current limitless influence scale to a...
Sydney Tiffany
Useful Real Estate Vocabulary for Beginners
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
Mike Jacovelli
Is it really worth it telling people your real estate goals?
I know its encouraged here to tell your friends and family your goals with real estate. Tell everyone what you want to do and are looking for. My problem is everytime I do, I constantly have to defend myself and the r...
Account Closed
Math/Finance
What's the connection?
I was at a graduation recently where the commencement speaker announced future plans for each of the Math graduates as they received their diplomas. As I expected, many were headed to ...
Lamar Cannon
Forming LLC / Partnership with Rehabbers
Instead of becoming an HML, I'm looking for innovative ways to lend money or finance flips and other real estate projects. After reading a couple posts on the topic, my wheels are turning. Forming a Series LLC or an...
NIcholas Hamel
“If its on the MLS its already a bad deal”
“If its on the MLS its already a bad deal”Ive heard this a few times already. I dont expect great deals to jump off the page at me but am i really missing out by relying on the MLS to find a good deal?