James Bynum
Recently received an inheritance and working on a strategy.
I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
Samuel Iwu
Buying Real Estate with Cash. The safe snowball effect
I recently watched the bigger pockets podcast with Brad Dantonio as the guest. Brad bought 5 properties with cash in order to maximize cash flow and retire early. After thinking about it, wouldn't it be wise to do the...
Ken Rishel
Lonnie Deals - Then and Now - The original method won't work
First of all, I believe Lonnie Scruggs, was a great man who, while he did charge for his knowledge, made a whole lot of people a whole lot of money. I would never try to take that away from him.
Second, throu...
Ryan Mullin
1 really good idea for newbies to get in the game! (Its NOT wholesaling)
For those who want to get into real estate but have little or no money this post is for you.Essentially if you want to get into this business but don’t have money to invest you need to provide a service to make money ...
Christopher B.
Am I missing something or is my contractor being greedy?
I pay $25/door to install std. Pre-hung doors, $50/door if they are bi-hinge doors. On Friday a new carpentry crew I'm trying hung 11 doors (8 singles and 3 bi-hinge) in 3.5hrs. So he made $100/hr minus $41/hr for his...
Todd Powell
How much is enough? What is your FREEDOM number to quit W2?
I realize that everyone has a different standard of living and expectations in life, but what is your FREEDOM number that would allow you to leave your W2 position? What would you want to do with your time if it coul...
Michaela G.
Why airbnb can kiss my butt
Ok, so I understand that everyone's situation, property, location is different and thus I'm stressing that this was just my own personal experience and I'm over it - after only 2 weeks ;-)Beginning of the year I decid...
David Ogas
How are you making money if always in debt?
Hello Everyone:At this point, I am a prospective investor who is looking to get into multifamily real estate. In short, I'm in the research phase of my development and in doing so, I've encountered several strategies ...
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...
Terry Lao
In order to succeed..............someone or others must fail ?
In order to succeed..............someone or others must fail? Agree or disagree?This is a general question, which pertains to pretty much anything, including real estate. In real estate, there are many properties, but...