Paul B.
Why are there so many ex-engineers in REI?
I've been a landlord since 2008, but only about six months ago did I decide I wanted to get more serious about real estate investing. I'm an engineer by day, which is why every time I hear an investor or a guru say th...
Derek Fike
Honest Discussion on STRs
Hey Everyone,I know that there has been quite a bit of conflict as to whether an STR can be profitable or not, so I figured that coming to this community for perspective would be best. I keep hearing that STRs are dea...
Brock Laramee
New to Wholesaling
Hey BP,I am turning to Wholesaling because of a temporary defeat I faced with buying a property this summer. I have realized that It is important for me to get a bit more knowledge and capital through real estate befo...
John Miller
HUD has Kept My $5,000 EMD
In March of 2012 I attempted to buy a HUD foreclosure house. The house was misrepresented as a 2 bath home and had extensive damage not shown on HUD’s inspection or appraisal. After I had my inspection completed I can...
Katie Miller
Mid-term (medium-term) vs. Short-term Rental Strategy
Hello STR investors! I'm wondering how many of you invest in a tried and true short-term rental vs. a mid-term rental? If you do the mid-term thing, why? How did you first learn about it?
If you DON'T do the mid-t...
Chris Johnson
Selling our rehab business as a going concern
I am currently rehabbing homes in the New Orleans market and have done so for several years. Our typical rehab is an historic home renovated from the studs out and will sell for between $200-400K. Gross sales in 2013 ...
John Lyszczyk
Why is Lumber so Expensive?
I noticed some BiggerPockets members asking about the rising cost in lumber and plywood, and given my background, I figured I wood (haha) weigh in on this subject. I currently work for a lumber company and I primarily...
Jack B.
Applicant wants to grow grow medical cannabis, has medical card
It's technically legal in WA to grow it with a medical card which he says he has and would gladly show me. I don't know what the effect on insurance would be or if they can prohibit it. He is offering to pay higher de...
Nathan Gesner
I've learned my lesson with AirBnB rentals
So I rented an AirBnB property in Dallas. This was the third time I've used that platform to rent a property and each one has been an illegal rental. I'm done.The first one was in California three years ago. It had fi...
Shawn Sopic
House flipping in current market
We just went under contract on our first investment property which we plan to flip. Its a large house in a nice neighborhood in need of some TLC. We're using an interest only loan with 25% down. In current market c...