Tim Sulzberger
Big lessons in renting to low-income tenants
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $50,000
Cash invested: $2,000
Sale price: $50,000
Run-down, 2 story, 4-plex.
What made you inte...
Eddie Borio
Explosive Rental biz -Lessons Learned with dishonest partners
Investment Info:
Other other investment in Cedar Falls.
Purchase price: $350,000
Cash invested: $100,000
Sale price: $5,000,000
This was a Real Estate holding and building company that I invested...
Andy Comer
2nd Rental in the books and lesson learned
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $134
Cash invested: $20,000
Purchased our second rental in Conway because the first was going so well.
Wh...
Account Closed
MLS Flip, Mold Remediation, Flooding, and Lessons Learned
Back at the end of April my partner found a property on the MLS they thought would be a good rehab. Of course I was skeptical because the MLS tends to be pretty picked over but we checked it out because she is smart a...
Brendan Chisholm
Fannie Mae Homestyle Loan update and lessons learned.
I recently wrote about my experience with closing a Fannie Mae Homestyle loan and going through the vetting process for general contractors. Fast forward sixty days, and I wanted to provide some insight into renovatio...
Joe Fairless
Closed on a 200+ unit: ONE Simple Lesson
Yesterday I closed on a 200+ unit in Richardson, Texas (submarket of Dallas). It puts my company over 1,200 units under management and I've documented the lessons I've learned from each deal on these threads. You can ...
Ty Goulding
Newbie learning lessons, having success, and loving it.
We did it! Thank you Bigger Pockets! Me and my wife successfully bought our first duplex while both working and going to school. When we first bought the place with an FHA loan our inherited tenants were paying 640 ...
Jodi Gauthier
Learning Lessons along the way-fix and flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $182,000
Cash invested: $74,100
Sale price: $335,500
We acquired this property off MLS. I loved how it turned o...
Tony F.
Lessons/experiences/thoughts on out of state investing
Looking to diversify my investments out of my local area to add security and resistance to local changes in economic factors here. Looking for experiences out of your local markets. Gonna stay within reasonable distan...
David Smith
One big lesson from past years as landlord
Never buy properties which have tenants you can not remove right away. These tenants will be the trouble maker. Compare inherited tenants from previous owner, to the ones I found myself ---- totally different species....