Melanie Stephens
Seeking Stories about that "Deal That Got Away"
Hi everyone!
My name is Melanie Stephens and I write a column for BiggerPockets Wealth Magazine on “Biggest Mistakes/Lessons Learned” in real estate.
I am looking for stories from BP members about that ONE deal or ...
Matthew Baltzell
What is your biggest problem you face right now as a REI?
Hello Bigger Pockets Community:) What's everyone's biggest frustration/problem you face right now as a real estate investor?For myself, it would be deal flow. My partners and I will look at 100 deals and about 5-8 of ...
Jason Schmidt
can someone please explain this 50% rule to me?
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Scott Benton
Mortgage Hacking: Why I Paid My Mortgage Six Months in Advance
At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
Shawn Crawley
Seller financing rules
Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
Amir B.
We closed on this house on April 28th and it is still vacant.
Hello,We bought this house and closed on April 28th. We have been searching for a qualified tenant but have had no luck.I was wondering how long other investors have had vacancies in months. Is it normal to have a vac...
John Pruner
Deal gone bad, need advice please
Hi,I came into contact with an Atlanta rehab/investor named Andy on BP in Feb or Mar of this year (2014). He had a house for sale in Altanta that needed some major rehab work (about $15k). The house was not in a great...
Patrice Boenzi
Wholesaling - Is It About to Change?
The Real Estate License Act (RELA) of 2000 is about to sunset. Check out the changes they are making to the RELA regarding wholesaling. How do you think this will affect things?
Excerpt is taken from the article pos...
Nicholas Brady
How important is a bachelors degree as a real estate investor?
Hello there, I am new to the Bigger Pockets Community and real estate investing in general but I am eager to learn! One of the first things I am curious about is how important is finishing a college degree in order to...
Lawrence Moss
Health Care Reform Yes or No?
Should we refom health care? Do we leave thing the way they are? Do we pay $800 co-pay per month and then bail out banks? Are we listening to our president or do we disagree just to disagree? Please share how you feel.