James Bailey
Learning lessons, purchased this duplex to 1031 in five years.
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $615,000
A bread and butter 2/1 1600 sq ft duplex.
Side 1 is recently updated with appliances, LVP, and led li...
Dave Chu
Quick flip in Los Angeles with plenty of lessons learned
Investment Info:
Single-family residence fix & flip investment in Los Angeles.
Purchase price: $755,000
Cash invested: $120,000
Sale price: $1,160,000
Quick turnaround with a lot of lessons l...
Account Closed
Best lesson you've learned with single and multi family rentals?
As a newbie, would love to hear the best lesson you've learned so far with single and multi family rentals!
Todd Dexheimer
Diligence pays off: Lessons learned closing a 224 unit Apartment
Recently I closed on a 224 unit apartment in Memphis, TN. The apartment community is a strong B class value add opportunity. I wrote 47 LOI's and underwrote over 200 apartments to snag 1 deal! That's just part of toda...
David Czech
DIY Lessons Learned from a 28 year old investor (story)
So this is a bit of a lessons learned / warning when it comes to repairing certain elements in rental properties. Very interesting so I thought I would share it with everyone:
I got a call last week from one my tena...
Brandon Turner
Lesson Learned: Make Sure Your Google Voice Number is Working... ;)
Just a funny story. About a month ago I set up my lead gen site using the Wix tutorial I made here on BiggerPockets, and included a phone number for a Google Voice number. But I forgot to actually forward the Goo...
Fahad Rajput
FIRE! Lessons Learned - House Catches Fire 4 Months Into Lease
Sadly, one of my properties burned down last week. I rented a legal two family to a related group this past September. Tenants were great, never late on rent (even during COVID), no neighbors complained.Then this happ...
Gabe Belloli
First live in flip with great returns and lessons learned
Investment Info:
Single-family residence fix & flip investment in Ramona.
Purchase price: $363,000
Cash invested: $110,000
Sale price: $630,000
This was my first home purchase and was bought ...
Douglas Gratz
One of my first investments and learned a valuable lesson
Investment Info:
Single-family residence buy & hold investment in Pottstown.
Purchase price: $40
Cash invested: $45
This SFH i bought at auction on a whim. It was my first investment and it was ...
Anthony R.
Hidden Gotchya's in Staring in REI - Lessons Learned in Blood
So I just wanted to start a discussion that focused on the little hangups that new investors face when getting into REI. I've hit these and I'm sure others have and will too. Problem: You have no experience. You're bu...