John Fedro
How many individual mobile homes can you "buy/sell" per year before getting a MH retailers license? (Find out here)
Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
Nancy Curran
What do you say to people about how many units you own?
Whether I'm showing a unit, or at a cocktail party when people ask me what I do, I inevitably get the question "how many units do you own"? To me, this is quite rude and they are basically asking me how much my portfo...
Nick Anderson
Is “Rich Dad” wrong?
I have seen so many people credit Rob Kiyosaki and his “Rich Dad Poor Dad” book to their starts in Real Estate, myself included.Recently he has come out with some comments projecting a huge crash in the RE market. Mos...
Ben Williams
Polling on "Due on Sale" being enforced after transfer to LLC
Taking an informal Poll here on the "due on sale clause" enforcement. Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transfer...
Stephen Thomas
How do I lower my W2 income?
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
Account Closed
401K or Not?
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...
Chris S.
Expected Cash On Cash Return - Buy And Hold
Hey guys, quick question for a buy and hold.If you had $100,000 cash, after buying properties, how much would you expect to produce with that per year? For example, 25% cash on cash return? I'd imagine that the more ...
Joshua Dorkin
Diary of a New Construction Project
Back in March 2013, BiggerPockets and J Scott collaborated to release two books -- The Book on Flipping Houses and The Book on Estimating Rehab Costs (check them out here if you haven't already). As part of the book ...
Nicholas Brady
How important is a bachelors degree as a real estate investor?
Hello there, I am new to the Bigger Pockets Community and real estate investing in general but I am eager to learn! One of the first things I am curious about is how important is finishing a college degree in order to...
Heidi B.
Are we reliving 2006 in 2016?!
When we purchased our 3 unit bldg together (newly married) in 2006, there not yet any red flags of the pending housing crash that reared its ugly head that very same fall. Some say 2008 but this part is not impt to t...