Account Closed
Landlords: I need your advice
Hello all!So, I've been in this landlord game quite some time now, and my second largest business expense is mildew abatement.Let me explain.Most of my properties are in Monterey County, where we get a lot of humidity...
Michael Johnson
Seeking Advice: Which option is the better investment?
Hi everyone, I wanted to get your thoughts on house hacking in an expensive market (Chicago) where it isn’t easy to live for free. Please let me know your thoughts between the two options:1) Buy a smaller duplex with ...
Jonathan M.
California vs out-of-state
Hi all,I've been an active follower of this forum for quite some time. I have a pretty simple question -- at this time, would you invest in a $400k condo in Walnut Creek, CA or a 2-4 plex in Austin, Texas? It's the on...
Ross Y.
Buy Local or Buy for Cash Flow w/ PM out of state?
Hi Community! I'm in contract on a deal currently and since then, I've found BP and I'm starting to question my decision. I'd like to get a little bit of advice on my current situation to help nudge me either way. I l...
Felipe Lois Affini
Tax Auction in Texas
Hi everyone,I’m planning to participate in the next (March 6th) tax sale auction in Texas and I would like to have your thoughts about my strategy. I would also like to find anyone that would be planning to participat...
Larry Flanagan
What have been your worst investments?
My worst loss was $100,000 trading foreign exchange. I made $100,000 one year then lost $200,000 the next.
My worst real estate deal I lost about $25,000 on. Paid too much, rented to dirt bag tenant for way...
Donovan Carson
Denying Applicants or Prospective Applicants from Applying?
Hello, Ran into an interesting situation tonight and wanted some advice on what to do - I appreciate your time and thoughts in advance. Currently marketing a unit for June 1 that is a one side of a duplex. It's posted...
James Rodgers
Success with previously evicted tenants? Anyone?
Has ANYONE out there actually had a successful experience with tenants who have had an eviction previously?I pre-screen my tenants by saying "Total household income has to be 3x rent, no pets, smokers or evictions."Th...
Nizar Basma
New to real estate. Love to gain knowledge and meet new people!
Hi, BiggerPockets community! Im new to the website and have been listening to the podcasts for several weeks now. Even though I have family in the real estate industry its great to see a community like bigger pockets ...
Bill Mitchell
Will Cash Flowing Rentals Disappear When Interest Rates Increase?
As the topic states, will cash flowing properties disappear when interest rates increases?
Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...