Sharon Tseung
Wanting to Invest Out of State by End of Year
Hi!So I've been listening to a lot of podcasts and following the forums. I'm from the Bay Area, California and since prices are crazy here I'd like to invest out of state. I have this goal of acquiring a property befo...
Gail Greenberg
BEST AND FASTEST WAY FOR A NEWBIE TO GET TO $10K/MONTH
Have 2 friends - one starting with $100K in retirement funds and the other with $25K in savings - both looking to get to $10K/month in income as fast as they can. Both have jobs, consistent income and good credit scor...
Scott Benton
Mortgage Hacking: Why I Paid My Mortgage Six Months in Advance
At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
Adam Higginbotham
Struggling to find deals
New investor here. I have been walking through a lot of houses and trying to find a winner. I am getting some houses from wholesalers and their numbers seem to be very off. Ex: 130 purchase/50 rehab/240 ARV. I get my...
Account Closed
Growing my portfolio- 13 units ~$170k in annual cash flow
Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...
Clay Manship
Diary of an FHA 203k Loan Deal
Hello BiggerPockets family!Well, it's official. After a lengthy process, I have finally put my first personal residence under contract. It is a 4-unit apartment building, which will allow me to utilize FHA 203k financ...
Robert Timm
Mortgages through an LLC
Hey BP Community,I am looking to purchase a few properties in the 60-80K dollar range. After taking Brandon's 90 day challenge I kicked it into gear and set up my LLC and I'm ready to put down 20-25% on these properti...
Brandon Turner
Illegal multifamily... am I going to Jail!?
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'...
Jorge Vazquez
Most real investors should not buy from realtors....
Most real investors should not buy from realtors unless the realtor is an investor themselves and understand the business. Unfortunately, most seasoned realtors don’t even know how to calculate a cap rate. Even less a...
Leon G.
Getting out of the rental business after 10 years
Hello; I currently own two rental units. a duplex and a SFH. I just got notice that both renters in my duplex are vacating end of March. After a $500 plumber bill I no longer wish to continue stressing out about this ...