Dear Fellow Professionals-Yesterday I posted regarding seeking investors for apartment buildings. I did not know that was not allowed unless it's in the Marketplace. I should've known. I apologize for this error. Have...
My husband and I are under contract for our first investment property. We feel we got a great deal in an up-and-coming neighborhood with the potential for a high ROI. We used a real estate agent to have access to MLS ...
I just got a check back from the title company on a property I closed on 2 weeks ago. I wired the amount given to me by the bank and it turns out it was $1600 more than it should have been.Moral to the story: check ...
I am currently wholesaling a neighbor’s property (owner recently passed). Unless I can access unconventional financing, I’ll need to wholesale the property to an investor or maybe partner with someone. I’m new to whol...
So I made a mistake.We sold a rental property and I assumed that we had to do 1031 exchange to avoid capital gains tax. My bad. I didn't double check for exceptions.$850 later, thinking I was so smart for doing 1031, ...
I recently closed on deal on a house which I used used private money. The purchase price was $65,000 and rehab costs were $6,000. Total loan amount was $71,000. The title company used part of the $6,000 for closing co...
Any weathered investors have any stories they could share for us newbies? Any cautionary tales? Any flips that cost 3 times as much as originally thought or more? Any properties that couldn't be rented after remode...
The National Association of Realtors (NAR) is trying to explain why their 4 year average for resale homes is off by close to a million homes. This is another indication that there needs to be outside checks and balanc...
When it comes to personal finance, I believe that knowing what not to do can be just as important as knowing what to do.
Anyone who listens to the BiggerPockets or BiggerPockets Money podcast is familiar with this q...
As a beginner, when purchasing several out of state rentals I was only viewing ROI during acquisition calculations. What's the saying...you can't eat equity. COC returns are decent on the 30-year mortgaged propertie...