![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/722822/small_1621496111-avatar-merylm.jpg?twic=v1/output=image&v=2)
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
First, let me clarify that I am not out to bash any realtors or the profession. I do not claim to know everything about real estate/ act like some guru. I'm just a noob who is trying to buy his first investment proper...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/179849/small_1621422592-avatar-jtwombly.jpg?twic=v1/output=image&v=2)
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2059184/small_1694731788-avatar-erinm171.jpg?twic=v1/output=image&v=2)
I’m starting this thread in response to the recent bankruptcy filing of Peer Street. Several Peer Street investors seem to be on bigger pockets, so I wanted to get us all on one thread, if possible to share resources ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/474710/small_1621478303-avatar-lucb1.jpg?twic=v1/output=image&v=2)
Another investor in my network recently got a property under contract, and was looking to assign it. I saw it on Monday, and he gave me his "buy it now" price (ie: don't wait to see if any other investors are interest...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4738/small_1621347135-avatar-barnardinc.jpg?twic=v1/output=image&v=2)
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/441119/small_1724390372-avatar-davem27.jpg?twic=v1/output=image&v=2)
Door count is the worst (commonly discussed) metric in the real estate investing community. Why does everyone use it? Can we all decide to collectively kill it? Or are there some of you out there that stand by door co...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/292220/small_1621442124-avatar-ryanr8.jpg?twic=v1/output=image&v=2)
Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/815043/small_1706857842-avatar-twanar.jpg?twic=v1/output=image&v=2)
So I'm in the process of trying to sell my Single Family Homes in the Midwest (Springfield IL) in order to purchase another property here in San Diego (occupied 2-4) unit that will be around $0 cashflow at best, assu...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2182271/small_1626319226-avatar-hannahp33.jpg?twic=v1/output=image&v=2)
Hi Everyone!
I'm new to Bigger Pockets and have spent the last 6 months listening to the podcast, reading investing books and talking to friends who are all interested in the same stuff. I now am at the perfect tim...