Chris Lombardi
Steal too good to be true?
I'd like to get some advice to see what anyone would do in my situation and if they would be cautious of red flags.So I'm currently in business with my dad. 50-50 arrangement, we own 1 property so far and all has be...
Patrick Balk
High Rise Condo Investing and Special Assessment Risk
I am a new investor and am looking at a unit in a high rise condo building in Chicago. The unit was a foreclosure and will cash flow well but I do have some long term worries about special assessment that could p...
Robert McCormick
Where to Keep Reserves - Brokerage vs. Other
I've recently reached my savings goal and am ready to purchase a property in the near future. I currently have funds saved up for a 5% down payment, closing costs, and some small repairs right out of the gate. These a...
Jason Howell
Incentivizing yourself during a deal (re: BP #221 w/ Tim Shiner)
Hi all! I am re-listening to the BP podcast episode #211 with Tim Shiner which was so information dense. He touched on one thing that struck me, but didn't go further into depth on it, so I thought maybe someone else ...
Joey Allison
Buy a SlumBRRRR or no?
Hey guys, I have a deal that I can go after, but I wanted to get some Bigger Pockets perspective first. Here are the details:The property is a duplex in a rough part of town, but the cashflow makes sense on paper. I c...
Bryce Markey
New Tennant is ex wife of current Tennant in other unit.
So I have a vacant unit in a 6U building. I got an application with great credentials. I accepted the application only to find out that her ex husband and 14yo daughter (divorced in 2011) lives in the unit on the oppo...
Terence Mcneil
Purchasing a house in a 100y flood zone
Hey BP,
I recently had a offer accepted on a house in Austin TX, the backyard backs up to a creek that is in a 100y flood zone. The house however sits on the 500y flood zone. I'm familiar with what the zones are, ho...
Dana Furby
Jumping in and excited to be in the market again
I’m Dana and am excited to start doing some small scale flips this year. I was a flipper in 2001 and did really well until I fell in love with this big country property on a river up north. I was envious of a friends ...
Alex Clark
20 yr old debating house hacking or buying property out of state?
What's up y'all, as a young 20 year old I have a question. I'm currently going to school, working full time, and have a business going. I've saved up a decent amount of money and i'm starting to catch interest in real...
Erik Sherburne
How leveraged are you?
Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...