Chingju Hu
Is it weird to buy rental properties instead of primary residence
Hi all, I'm a new member here, I've been wanting to own rental properties for a while and finally, I pulled the trigger and now in the process of my first rental!! After I sign the contract, I feel like I'm getting cl...
Zachary McDonough
What I wish Pace Morby would have told me
Creative financing is like thinking outside the box when it comes to buying or selling a house. It's all about finding alternative ways to structure the deal that works for both the buyer and the seller.
One popula...
Giovanny Garcia
Should I do the full 20 years
Hello BP! I am an Active Duty Army Staff Sergeant (E-6) currently at 9 years 5 months Time In Service with 10 months left of Active Duty service. This will put me at exactly 10 years 2 months TIS. I am struggling w...
Will Spruill
My turkey disaster
I bought two turnkey rental duplex units in Indianapolis last year that came with a one year rent guarantee. The rent protection was thru AON and was paid for by the advertiser that markets turn key homes.
...
Jimmy Humphrey
Over Leveraged?
Hi,Listening to some of the podcasts and reading the blog, I keep feeling this inner red flag that keeps popping up in me. I get the feeling that a lot of folks are advocating being over leveraged and taking on an un...
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Shiloh Lundahl
Would you rather have 10k a month in passive income or $1,000,000
I read a post on linkedIn from @Travis Watt, a fellow BP member, that posed the question, "Would you rather have 10k a month in passive income or $1,000,000? I thought it was a great question and I think it merits a ...
Melanie Hartmann
Quit My Job and Plan to Wholesale
Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...
James Wise
NAR Lawsuit Settled! Offering Buyer Agent Commissions in the MLS now Illegal!!!
The NAR settled all of their lawsuits for $418 million today. Lots of stuff to dig through in regards to all of it, but the biggest takeaway and change to the industry is that fact that buyer agent commission can no l...