Chris Mason
Wholsalers etc: Why not just go get your RE license?
General question.I frequently read posts wherein a wholesaler, birddog, or similar, talks about finding buyers, finding sellers, connecting them, and this sort of thing. And the questions are invariably about what con...
Tasha Beal
Newbie Wondering Where I Should Invest?
I am currently a senior in college and am giving thought about where I want to live once I graduate in May. I want to invest in buy & hold properties with good cash flow. I have heard Austin is a great place to li...
Tyler Haskell
BRRRR strategy: A Love Hate Relationship
Does anyone else see the same major flaw of the mystical BRRR strategy?
At the end of the day, arguably the most important element or phase of the BRRR process is the refinance to get your exit money. And the appraisa...
John Thedford
I Loaned Money On A Property, Borrower Defaulted, Then Passed Away
The title pretty much says it all. I hired a law firm to foreclose. I received a letter in the mail yesterday from the attorney handling the estate. Now what? What should I do if I want the property? Any comments, sug...
McKenzie Bagan
When to cut losses and pass on bad neighborhood?
This is a not happy post and we feel like we are in a difficult spot. I did my first Brrr property and things have been tough from the start. I was able to get the property renovated, refinanced and listed with a prop...
Kristin Horowitz
How do I buy a million dollar building?
Hi guys, here's my story: when I was in my early twenties, my husband and I started a non-profit climbing gym club that's flourished. We decided to expand to a new location and I have spent a year or so reading the fo...
Adam York
Starting out with no cash?? What would you do?
Hi everyone!I've about 6 months into my real estate journey and have been trying to soak in as much information as I can. However, one roadblock I can't seem to get past is how to fund my first deal. We have very litt...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...
Devan Mcclish
Closed 3 Houses Today!!! $$$$$
Today was a day that we all look forward to in real estate. It might not come very often, but when it does, it's a great day. It's called payday! I closed three houses today alone. Below I will walk through the deals ...
Mindy Jensen
FAQ Forum Question: Do I Need an LLC?
Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...