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First of all I want to thank Biggerpockets for an awesome site and tons and tons of information that has helped me succeed. Wouldn't have been able to do this without you guys. Here is a little back story, I purchased...
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Hi All!I'm new to buy and hold investing. I'm using a excel spreadsheet that has a conservative 10% vacancy reserve and 10% maintenance reserve every month. I've spoken with turnkey companies that say they use a much ...
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I have a few questions on how other multifamily owners handle their snow removal. When hiring services out do you pay a flat rate or by the hour? Does this include both driveways and walks?
I realize I have ...
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We just finished negotiating the price and the seller has revealed at the last moment that there is an underground storage tank in the property. Our offer price did not take into consideration the cost of dealing wit...
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Hi! I know this may sound like a complete newbie question but I really need help. I want to ‘fix and flip’ a property but I’m not sure what borrowing route is the best to take. My credit isn’t that great, and my broth...
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Lonnie Deals are financial boomerangs:I want to tell you about one of my favorite deal structures: the Lonnie Deal. That’s when an investor buys a mobile home on a rented lot for cash and resells it, offering owner fi...
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I purchased my first rental property in mid-February. Manufactured home on 3 acres. Hours after closing I signed my tenant. Worked out perfectly and my tenant has been awesome. For example tenant has painted the inter...
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Looking to buy my next deal but prices here in Southern California is outrageous. I have been researching in other markets out of state, particularly in the MidWest. Would it be reasonable to just and stay put and inv...
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I am curious as to what you all think. I am assuming I am not the only newbie interested in hearing everyone's opinion on gaining credibility.
I am fairly new to investing, and I am 25yrs old. I spend a lot of time ...