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I just purchased my first SFR last Thursday and have been doing the demo and rehab myself. The question that I'm trying to answer is that the quotes that I'm getting from subcontractors is much higher than my mont...
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Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
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Many people invest in real estate in order to create passive income and eventually become wealthy enough to not have to work a regular job for the rest of their lives.I want to pose a philosophical question. Is there ...
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Greetings Bigger Pockets! I am working on my first ever rehab project ... all thanks to Bigger Pockets, it's amazing content, books, and all the feedback and input I received from all the members. Never thought I wou...
When you run the numbers like this guy did, you can see why Zillow has gone down in flames. https://sellhousecashaz.com/zi... "“In Phoenix, 36.5% of properties currently for sale were listed below their purchase price...
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A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...
I'll try to not be generic and over-generalize, but I keep seeing websites and offers for investing into turnkey managed properties who rent out the properties, where during the first year you're promised 10% to 15% R...
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
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Has anyone taken interest in "Tiny Homes", less than 500 sq ft homes.
I've been reading up on these, and it looks like people are building them ground up for less than $15k. Some people are claiming to live here for ...
My husband and I invested in a property with Mack about five years ago. We intended to do several but within the first year it started going bad. Awful tenants, evictions, drops in rent. Nearly impossible to get an...