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Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
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Here is my list of the most dangerous real estate related investments for the “non professional” investor lacking direct knowledge and experience in these investments 1. Tax liens2. Mortgage notes3. Syndicated real e...
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Hey BP!I’m a new landlord in Massachusetts, particularly New Bedford. As I get acclimated to the business I’m trying to solidify all my systems and processes. I’m curious what other landlords are doing for their renta...
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I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Deep in the forest, a secret financial independence summer camp is being held. Multiple times a year, all across the country, millionaires, financial freedom achievers, and those still on or just starting their FIRE j...
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...
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Wondering if any wholesalers or other investors have used this software service, REI Reply. Seems too good to be true and wisdom tells me that it probably is. But hey, maybe they've cracked the code or something. I th...
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I don’t mean to burst peoples’ bubbles here, but in my opinion, most investors on BiggerPockets won’t get to a place where they can replace all their monthly income with the cash flow of their properties. Some will. B...
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Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
our rental portfolio can either be your ticket to financial freedom or a massive headache, but it’s completely up to you, the investor, to decide. Many investors who have been stacking up properties over the past few ...