OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield...
LOAN PROS, often I see on BP questions on Private money, hard money, direct money lenders, etc. Though I'm knowlegable on hard money loans, I know there are many out there that are curious and would appreciate picking...
First, I plead ignorance other than everything I can read about mobile homes on BiggerPockets and mobilehomeinvesting.net in about 3 hours time. :)I own and manage a modest portfolio of MFR properties and have been i...
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
I don't care whether you vote for this thread or not, but please give input. I've now been scammed by 2 members of BP, and know of others that have also been scammed. I've also received some suggestions from Vikram, ...
Since I signed up for my BP membership, I have been pretty diligent about trying to evaluate at least a few properties every day. Originally, just to get reps in I was utilizing the rental calculator for everything j...
Thank you to everyone that has shared their thoughts in the question of the week so far! As the Community Engagement Specialist for BiggerPockets, I love to see how diverse real estate can be. Being so different, we a...
Hi everyone,
I currently live in the Bay Area (California) and I’m interested in getting into real estate investment. My goal is to start out buying a multi-unit property in early 2021. Ideally, it’d be somewhere in...
What was the "gutsiest" thing you did to finally take the plunge into REI? For me, I unexpectedly lost my job last year and decided to go all-in by investing over 100% of my savings into my first BRRRR. The purchase w...
I've put in offers for over 15 houses and still haven't had an offer accepted. I'm offering cash, 5 day inspections, full price (and sometimes more on some of the houses) and still no luck.
Maybe somebody can shed s...