Tariq B.
$16,000 renovated house renting for $1,000+/mo
So if you don't follow me then you probably don't know how I get numbers like these. To be short, I am able to do it because I do all of the renovation myself. I'm writing this tonight to show people it can be done. T...
James Vermillion
Using BiggerPockets to find Help or Partners
Hey everyone,
I have just spend the last 30 minutes or so getting caught up on the forums and something really caught my eye...the number of people who come seeking deals/partnerships/HMLs and do not follow basic et...
Christian Malesic
Did Obama EARN the Nobel?
I will start with two simple questions:
Are we at war?
Is President Obama the Commander in Chief?
Tom Goans
Rich vs Wealth
Rich vs Wealth
As I have been taught, the difference between rich and wealth is rich people work for money; wealthy people have their money work for them.
To illustrate, some professional U.S. athletes ...
Jerry Jones
Buying without a buyers agent. Sellers agent needs me to make formal offer b4 he shows offer to seller
I'm trying to make an offer on a home and emailed the agent saying I'd like to make a cash offer for $XXX,XXX please let the seller know. He is refusing saying he first needs me to make a formal offer and send it ...
David Zheng
25 year old's First Year of investing....$1.5m rentals acquired!
It's the start of a new year and the end of my first year of real estate investing. Just wanted to quickly share my story and hopefully inspire some people :)Literally 13 months ago, I had 0 interest or education abou...
Michael Lauther
Auston is Hot, Dayton is Not is that an opportunity?
I have always been a contrarian (not a speller)but the danger is to take a position too early.
While my Texas friends are raking in the money in their market they are taking that market out of my reach
Just as in...
Randy B.
Does updating a rental property tend to bring a higher caliber of renter?
We have two 4/2.5 SFRs in Murrieta, CA that were built in 1988. They have never been updated so they still have those ugly oak cabinets in the kitchen and bathrooms as well as the old fixtures and plastic shower/tubs ...
Brian Oberg
Raising Rent: Good idea or bad business practice
We currently own three investment properties (SFR) and looking to expand that by at least 4 this year. We have always held it to be a good business practice to not raise rent on current tenants when the renew their l...
Brian Garrett
Question about the 70% rule
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...