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....
Demetrius Lindsey
Lessons Learned From My Last BRRR Milwaukee WI
[Update] Some lessons learned our latest BRRR.
Location: Milwaukee
Purchase Price:$75k
Rehab: $6k
ARV: $115-124k (comps with light rehab)
Rent: $1,100
Bank used for refi: Pentagon Federal
Interest Rate: 3.37...
Chris McKinley
Lessons learned: Courtesy of the PROPERTY TAX CODE
I recently learned a few lessons in property taxes courtesy of the tax code and my mortgage company that I wanted to share so they don't catch anyone else off guard. In 2014 I purchased my first house down in Phenix C...
Angie Ruiz
My first flip, experience and valuable lessons learned
Investment Info:
Single-family residence fix & flip investment in Chicago Heights.
Purchase price: $30,000
Cash invested: $60,000
Sale price: $135,000
Single family, 4 beds/2 baths, brick, 2 ...
Ralph Stowe
Lesson Learned - Why is this house so cheap?
I thought I would share an experience I had yesterday in hopes of helping others out. Yesterday I'm browsing the local MLS scouting for deals (Why not, right?). I stumble across this house that looks really great fr...
Tab Teehee
lessons learned from my first 20 unit rehab
Reached a major milestone after nearly a year and a half....converted my construction loan to permanent financing!!! On 5/31/18 we closed on a 20 unit property that was 100% vacant and in need of lots of love! We adde...