Mike Schorah
Is rental property investing forever doomed?
Rent growth has not kept the pace of home appreciation. - In the largest 588 cities in the U.S., the average (unweighted) cash-on-cash return is -6.5%. - Since the Great Recession 10 years ago, you got a growth rate o...
Mattie Covatch
Should Landlords ever provide Internet?
I have one tenant who's been here a long time, before I started not officially including internet. Now I say "I sometimes share mine with people as a courtesy, but it's not included-- if the person makes my internet ...
Leland S.
Dealing with a bad contractor
After paying my contractor 35k, I found his interior work was pretty shoddy. I already had a few issues with the contractor I pointed out and ask for discounts or refunds, but none were ever given, they just acknowled...
Tom Goans
Rich vs Wealth
Rich vs Wealth
As I have been taught, the difference between rich and wealth is rich people work for money; wealthy people have their money work for them.
To illustrate, some professional U.S. athletes ...
Account Closed
How long does it take you to rent a property in a D class area?
How long on average does it take for you to rent a property in a D class area?How often do you show the property?Do you do open houses or personal showings? How many people dont fill out applications in full?How do yo...
Adam Meadows
Need Advice: Self-directed IRA vs. Solo 401K
Hello BP,I need some help regarding how to proceed on determining a SDIRA vs. Solo 401K. I've got about $100K in a 403B plan (equivalent of 401K for non-profit organizations) from a former employer. I am currently an ...
Ryan Davis
Is my agent trying to deceive me?
Hello Bigger Pockets! I am trying to close on my first deal and I am running into a few issues, here's my story;I am under contract for a duplex where I plan on house hacking. The agreed selling price is $139k and he ...
Bill Goodland
Millionaire net worth by age 30?
So I've known for years that I have wanted to get into real estate and then more I've been reading, listening to podcasts and being active on the forums have really opened my eyes to the power of REI and how it can gr...
Account Closed
Flipping With Hard Money.. No Way To Profit. I don't believe it.
Using hard money at 10% interest and 3 points... As I run multiple scenarios on a house with an ARV of $200k and say 40K of rehab (thats what one GC blindly told me.) I'd have to offer as little as $89000 to the sel...
Brentin Hess
Master List of Syndicators
"If you want to fast, go alone. If you want to far, go with others". - African ProverbIt would be extremely helpful to organize a single thread with anyone who has completed at least one multi family syndication and ...