Bought a teardown at a tax auction, went in and knocked a hole in one of the kitchen walls, found three stud bays filled with plastic-wrapped used bills, mostly twenties but lots of fifties, hundreds. $873K total. The...
I'm a new member and this is my first post so please go easy on me! I'm interested in investing in my first LTR or MTR. I have a full-time job in NYC and travel excessively for work so I will need a property manager...
I’m 17 and a junior in high school, I want to be a full time real estate investor one day (commercial real estate). When I turn 18 I wanna get my real estate license so I can raise some capitol and start from there. W...
I strongly believe whether or not you use debt or don't use debt to buy real estate, it is important to pay off debt that is not related to your RE investments. All of that interest your paying is money that could b...
Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
Hi all,I'm a 19 year old and have been wanting to get into real estate, specifically renting a property and putting it on airbnb to get cash flow, however I been seeing around that airbnb isn't what it used to be. Pe...
I'm looking for opinions on if I should sell my rentals. I have 5 single family homes and I hate them. They are under quasi-management (long story) and largely I don't have to babysit them, but every notice of an issu...
Ok - i'll admit, the subject line of this post is a bit sensational. I'm not going to jail. Not for this anyway. (But maybe for my killer dance moves.)But here's the question i'll pose to the BiggerPockets crowd. (I'...
For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
We just recently started house renovation and got red tagged by the city inspector. I guess he saw dumpster while driving around or maybe neighbors complained. So we learned never leave dumpster in city limits.
Could...