Hello everyone! I have an opportunity to potentially do a BRRRR deal where the current owner of the property funds the whole rehab (refresh 2 bathrooms and a kitchen) and I pay him back when I do a cash out refi. Afte...
I found a 96 unit apartment complex for sale for 21 million. I lost my job last month. I have no money. My credit score is 600. I’m 46 years old. I’ve been in the rat race all my life. I have no family or friends with...
Name something you've learned from someone on BiggerPockets (podcast, forums, blog, whatever) and tag the person from whom you learned it. Name as many people as you want, but please limit your posts to one-person...
I find myself browsing these forums less and less as times passes. Biggerpockets is such a machine now and while there is lots of useful advice, it's primarily aimed at newbies (who can't use the search function mind ...
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
Hey BP!So In my continued research into real estate investing, I came across Turnkey Investing. They offer a lot of positives for the investor who is just starting out or is looking into part-time investing. I know ac...
The other day I was having a discussion with some associates about the upcoming Presidential Election, and one of them brought up the Democratic Candidate Andrew Young and his Universal Basic Income Plan called "The F...
I am not sure what to make of this real estate market in 2019. The prices are out of control for lousy multi families. These properties don’t cash flow unless you buy with 50% deposit. With 30% down, you’re just break...
I'm currently renting in Los Angeles and the rents are super high. I
want to buy a property, but I am a little afraid especially after the treasury department said we are looking at early signs of a recession. I
w...