Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
Rob Lawrence
Do you think it matters if you use a 5% or 6% commission?
I am currently selling my house, and I have a 5% commission on it. My realtor says that maybe I am not getting as many people coming or an offer because of my commission percentage. In you experience, do you think i...
John Barrett
Case Study - Actual Cost of Eviction & Rehab of Unit - In Washington State
I created this post to address a question I get from many other landlords. What if I have do an eviction (and what will it cost)?During the pandemic many landlords in WA State were prevented from evicting problematic...
Kaylee Walterbach
Did you make any rookie mistakes? (Plus, NEW BOOK!)
First-Time Home Buyer: The Complete Playbook for Avoiding Rookie Mistakes is available now!
@Mindy Jensen and @Scott Trench have been buying and selling houses for a collective thirty years. In First-Time Home Buye...
Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Jonathan A.
Flipping partnership going to court on debate of renovation costs
I am a general contractor that partnered with 3 investors to flip a house. We all agreed to hire my company to do the renovation and agreed on a set budget and got a contract by my company. My company completed the re...
Sylvia B.
Hello, I'm a slumlord
We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
Spencer Cornelia
How I Bought a Seller Financed 4plex in Las Vegas [Part 3]
My plan is to share my journey with Bigger Pockets by making posts detailing every big milestone I reach in my Real Estate Investing career.Part 1 can be found here.Part 2 can be found here.4 unit in Las Vegas, Seller...
Joshua Dorkin
Do You Know ALL the Expenses Associated with a House Flip?
One of our Bloggers, Justin Pierce, wrote a fantastic article that took an in depth look at all of the costs associated with a house flip.
This is a MUST read for any newbie rehabber/flipper:
Rehabbers! Know ALL t...
John Fakish
Kitchen added in basement, no permits
Hey All - Super n00b here.
We remodeled our basement and added a kitchen. There was plumbing and electrical that was added. There was also a washer and dryer added upstairs. We then added a wall to close off the wat...