Lindsey Costello
Breaking into the Providence Market during Corona 2020
Hello! I am a big fan of the BiggerPockets community, and just getting started on my real estate journey. They say there is no better time than the present, but it is definitely a little harder during a pandemic. I'm ...
Jack B.
Nearing point where it makes no sense to buy more rentals
I've considered selling some rentals and buying two rentals with the money from each. I did that with one rental earlier this year. But with the market likely having only a few years to go before another correction, t...
James Hamling
Media says end of R.E. at hand....... is this the end????
Everywhere a person turns today it seems to be a constant assault of some messaging about impending doom in Real Estate. From Youtubers too mainstream media, it's everywhere, sounding off of various frameworks of same...
Account Closed
broken appliance
I put a new refrigerator from Lowes in my house to sell. During negotiations, the buyer said he worked at an appliance store and preferred a lower price and no refrigerator. So, I saved it back for my next project. ...
Brian Garrett
Question about the 70% rule
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
Jay Y.
Property manager charging tenants a lease renewal fee
Hello all,So I found out my property manager is charging my tenants a $200 lease renewal fee for renewing a year long lease. They are charging me $150 which I'm fine with but it did kind of catch me off guard that th...
Jim Welch
How long should my flip property sit on market before I worry
Dallas Texas MarketPurchase Price: 84kEstimated ARV: 149kRenovation: 30kCurrent Days On Market: 55Original Listing Price: 149.9kCurrent Listing Price: 146kCurrent Net Profit Potential: 10kThis is my first flip and I e...
Clay G.
Getting Back on Track in Kansas City, MO
Hello BiggerPockets, I've been sort of lurking for long time and trying to educate myself, but after doing a little math at the end of 2019 and realizing that from mid-2017 to the end of 2019 our net worth went up abo...
Sol Dubnov
stuck with construction financing
Hi,
We've purchased a 2 unit fixer in cash as an investment but can not get a loan for remodeling it even though we have equity in the property. We own a primary residence on which we make mortgage payments. The re...
J. Martin
"It's Different this Time!" - Why we can't lose in RE! :)
This kind of attitude scares the SH*T out of me!!! “This time is different” are the words scrawled on the wall of every financial bubble - from the South Sea to the DotCom Bust (1.0) to RE Financial Crisis - before it...