Kathy Brasby
Month to month leases plus revolving tenants-advice?
We manage several rental units in our small town and were approached by our local meat packing plant a few months ago with an interesting proposal. They recruit legal immigrants to work in their plant and provide them...
Duy Nguyen
Direct Mail - is it still working?
Hello all,What kind of marketing strategy are you guys doing nowadays? Does DM still work in today’s competitive market? I sent out 3.9K letter this past month (I am committed for a 6 months campaign). It has been abo...
Justin Young
Concerning the article about building wealth
I just read the article that was on this site " Investing in rental properties won't build wealth but this will".
To sum it up and NOT verbatim is says, it's a good idea to invest in rental properties but to think ...
Gareth Fisher
What you wont hear any investor tell you
I have been involved with flipping properties since early 2000s. First subbing out as a carpenter for several local investors and builders. When the market dropped out in 2008. Everyone I knew including myself we...
Joe S.
Who is investing in their own physical health?
So for the last year or so, I have been thinking more about physical health. I’ll be 50 in less than a year. Overall I do not personally know any active, long-term investors that actually smoke. Maybe they are there I...
Scott Walther
Anyone that can provide a REVOLVING credit line, not HELOC
Spoke to a couple brokers on here that can provide them but are more in the 1 million plus mark. As our properties, on average, with purchase and flip come out to around 100k. So we are not looking for something that ...
Sara Cunningham
Is revolving credit a good way to purchase real estate
Am in the process of purchasing another SFR. The question is this. Should I pay cash for the unit or use a revolving credit loan at 6% that my bank is offering me.
Micah Shelton
Sell one rental to pay revolving debts portfolio created? Or?
Snapshot of issue:
I have accumulated 5 small multi-families. 4 in Indiana, 1 in Portland, OR. Through that have had to heavily renovate one and two others with significant tenant turn over needs this past year. I ha...
Peter Vekselman
Success Rate in Real Estate...Shockingly Low
If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...