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I want to focus this post on issues that have cost me money that were avoidable.#1 Fires, I have lost three homes to fires. Two were caused by humans. I should have insured the homes, sold them, or done something to m...
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Ok Ok moderators.Before you go removing my post, I would like to say that Bigger Pockets has been one of most influential online platforms to my companies success. It's also played a major role in me getting recogniti...
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I haven’t posted in a while, so thought I’d share what we’ve been up to. We’ve flipped properties 3 through 7 since February and are in the process of buying two more to fix up. What value can I give to anyone that is...
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Let's say you put 15% down on an investment property (2nd SFH, New Construction) and with property taxes, homeowner's insurance, and PMI the monthly mortgage is $4,300However, in the market (location), most of the ren...
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Bought a house mid 2015, did rehab work on it over several months, sold it in 2016 at a total loss of $25k or so.My question mostly is whether that loss can be depreciated or carried over several years, or has to be t...
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How to make your 1st million dollar
I have learned so much from other successful investors and wanted to share the some of the things that have worked for me on my initial Goal of having a Million-dollar net worth to...
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Can you share your experience?
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Not every house makes a good flip. Just because a home is selling for a rock-bottom price doesn’t mean you can put money in it and automatically make a fortune. Check these cities out for your next Fix n' Flip...
Acc...
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In the past few months I have been hunting for my first deal. I have found a good wholesaler who has been a great help. Yesterday, I attended a showing/bid for a house. It was listed at $175,500 and had ARV conservati...
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Tenant did pay November rent, but my bank branch is far away, so I mailed them the money order. It's always worked in the past. It's been close to a month and the bank has not seen it, and it hasn't come back to me in...