We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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Hi everyone,I'm wondering whether my fiancé and I should begin to pay our debt down ASAP or begin investing in RE. I know there are intelligent arguments on both sides of this issue and that it depends on the details ...
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hi there
so i wanted to know how many does one need to have on there buyers list before going wholesaling? Any ideas. Thanks.
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I would like to hear from other investors in the Houston area about strategies and outlook for 2015 in this climate of of dropping oil prices. I am fearful unfortunately and I am trying to fight it.My elders are full...
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Attention new investors: As I’ve immersed myself in the BiggerPockets forums, I’ve observed an extreme emphasis placed on asset protection by those entering the business but their approach and where they decide to all...
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Hello,
My name is Elijah. I’d like to share my real estate story with you all:
At 17, I drove to Los Angeles from my small hometown in Vermont. I arrived with $200 in my bank account and all my belongings in an old ...
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Hello, BP! I have realtors in California, Utah, and Arizona and am actively seeking my first property to fix and flip or--even better-- BRRRR. While they are sending me automated MLS listings (except for my CA realtor...
Why Most Single Family Property Managers Suck and What We Can Do About ItAccording to the 2014 U.S. Census, 43 million Americans are renters (35%). A large portion of these renters rent detached single family homes. ...
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I listened to the bigger pockets podcast episode with Grant Cardone today while at work. The number one point I took from him was to go bigger. Just when I think I have my investing strategy figured out starting out w...