We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
New investor here. I have been walking through a lot of houses and trying to find a winner. I am getting some houses from wholesalers and their numbers seem to be very off. Ex: 130 purchase/50 rehab/240 ARV. I get my...
I was just wondering what everybody's education or background is? seems that a large percentage of you folks have some type of formal "business" or finance education, or come directly from the world of Real Estate?
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Hi All, Wanted to start a discussion on peoples outlook on the real estate market and the economy in general. I know it is a controversial topic but I have not seen many discussions on BiggerPocket on this topic and I...
One of the things that I repeatedly see in the forums is the critical need to network. I understand the whys and I even understand the how to methods of networking that have been discussed.
But, I am not a forward...
Hi everyone! I am new here and still relatively new to renting my house out, even though I've been doing it for about 7 years now. I'm only on my second set of tenants.My question/situation is:I rent my old house. The...
Okay, so this one is a little out there even for me!What on earth could I possibly be talking about? $3,900 for a real house, not a Barbie doll house right? Where am I -- Detroit??? (See what I did there Josh, you ...
Since getting in real estate 11 years ago, I knew I wanted to buy rental properties. Then in 2013 I finally got the shot to do it after finally finding a private money partner to go in with and start buying. Since Jul...
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...