Greetings BiggerPockets!Just last month, I started crawling, walking (& dare I say running) towards being a new real estate investor! Last night, I was reading the Morris Invest Case Study 2.0 (@tyler jahnke) and ...
For us real estate investors this is a good time to have rental properties while we watch others portfolios crash with the stock market.Other than a moderately safe mutual fund I contribute to monthly and my 401k, I a...
So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Do you tell your buyers your assignment fee before closing? I have friends who have been asked by potential buyers what their assignment fee will be even before they sign any contract. I really do not feel you shoul...
I am a new STR host here in Englewood, CO! I currently house hack and rent out my basement. I know when looking for a property and familiarizing myself with Denver area laws, it seems that all STRs have to be the prim...
I wish there was a State or Federal license required to wholesale and pitch wholesale deals. I see countless "deals" that are not deals, or even close to being a deal. Many of these wholesalers have no real estate ex...
So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...