Account Closed
Solving the negative cash flow issue with LA rentals
So you are told its impossible to cash flow in LA. Actually you can, it just requires slightly more cash down. You can also try lowering expenses, although that might barely make a difference.If data from Zillow is co...
Jessey Kwong
Do I need to be "concerned" bout Big Pockets forum members?
I am new to RE discussions nad the BP community. I just noticed people here are VERY open to helping and giving advice/guidance. For some reason... I feel these are red flags, but maybe am wrong. I come from the onli...
Daria B.
Investor Friendly Realtor-what does this really mean?
So far I've been working with an agent that has, to my knowledge, never worked with an investor. Over the past two years though I've bought 2 properties with her help. She pulled comps and we talked about what rent ca...
Eric Hathway
Tenant late fees go to owner or manager?
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
Stacy G.
Why investors should be their own general contractor
This is in follow up to a recent post by Engelo Rumora "The Top 3 People Most Likely to Rip You Off in Real Estate Investing"Probably one of the more misunderstood words in construction is "general contractor". Based ...
Johnny L.
Real Estate Agent Median Income is it False?
Hello fellow BP members! I am a young aspiring agent/investor and want to get started in the business first as an agent. I was concerned at first reading that the median income for a real estate agent was roughly 39k ...
Craig Hormes
Section 8 Housing: Great Idea or dangerous in the current market?
I'm operating in the Tampa Bay area of Florida, and I'm considering purchasing property for section 8 rental. I did a forum search, and some of the Section 8 questions were a few years old, so I would refresh it. In o...
Collin Schwartz
My 4 Year Journey from 0 to 778 units!
Four years ago today I was wandering through life thinking I had made it. I was working a corporate 9-5 job, good pay and would use my 10 days of PTO for the amazing 1 week getaways. Jan 1st 2017 happened to be the la...
Tiffany Milan
How did you know you were ready to start?
When you began in REI, how did you know that you were ready to make offers and look for buyers? Did you wait until you got a complete understanding of REI? Or did you just jump in once you had a basic understanding?
Joel Fine
What do you REALLY pay for Property Management?
I'm somewhat new to Real Estate investing, so I analyze lots of deals as a way to learn. I want my analyses to be as accurate as I can get them.I've been concerned about the accuracy of my estimate for Property Manage...