Sharad M.
What is wrong with some wholesalers?
So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
Bryan Hancock
Are Realtors Worth The Commission Anymore?
Given that there is such a liquid market of buyers online I was wondering what people's thoughts are on the commission paid to Realtors. A 6% commission has always seemed scandalously high to me given the typical amo...
Colleen Prescott
Should I not invest out of state?
I just got a Bigger Pockets email with an article about all the reasons I should not invest out of state. I live in the SF Bay Area and can not afford to buy in state and that article scares the s*^+ out of me.
If I ...
Farakh Zaman
Should I give up on buy and hold?
So we've spent the last 7 months looking at deals daily. We have run the calculator on this site to the point I don't even need to think to put in the numbers...but literally nothing has panned out. 5 cities, 600+ p...
Scott W.
the danger of a 401k loan
I'm sure it's been discussed before but I'd like to tell something I see (correct if I'm wrong):a 401k loan should be among the last resorts for borrowing. reason being is you pay it back AFTER taxes. if you live in ...
Jeffrey Douglas
Whats The Best Book Youve Recently Read???
Think of a book youve read in the last 3 months that you gleaned the most knowledge from. Share with the group the title and author and one reason why it was so great!
Anthony Marini
Rental is getting plenty of showings but no applications
Good morning!My wife and I recently purchased a new home and are planning on making our current home a rental property. I have listed the property on Zillow/Trulia/Hotpads as well as Craigslist. We have what I would...
Ronald Perich
Being a licensed agent means the law doesn't apply to you?
Let me preface by saying I have a genuine interest in the answer and I'm not trying to stir up the passions more. I'm really just trying to understand where my logic is faulty.Here's the scenario.The big thread right ...
Isaac Pyle
Borrowing money from parents to get started?
Hello BP community-Does anyone have experience borrowing money from their parents to get their foot in the door with real estate? How did it go for you?Let me explain my situation. I am going to be a sophomore in coll...
Sarah Jones
guns in rental unit
I'm in los angeles california and i found out today one of my military tenant has 2 guns with him.... this is very scary for me... i still have 2 rooms to rent.. for the new people coming in can i put a clause in ther...