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Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
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I am in the midst of dealing with a wholesaler that has left a bad taste in my mouth for the wholesaling business, and am wondering if this is common practice.A little background: So, I'm trying to sell my house and ...
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Jumping in to real estate was a well-calculated move. I live in San Jose, and this market is notorious for making people lose faith in their ability to purchase. I bought my primary residence in May of 2017 - a brand ...
So I have to put $1,500,000 in a rental somewhere. The option (for whatever reason) is either LA (appreciation) or Baltimore (cash flow).Sure, investors never can agree to disagree on which is best, but the numbers se...
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A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
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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...
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My name is Ami and I have made a pretty big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...
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Hello All,
I am brand new to BiggerPockets and find it to be a great place comprised of helpful advice and expertise. I am a landlord of a single family home in California that has run my property as a charity rathe...
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After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
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There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...