Nathan W.
Standard Due Diligence/Closing Period for MHP?
I've submitted an LOI for an MHP a few hours away from where I live in a great city, with high incomes, housing values, and retail stores. Seller's ad said willing to carry 50% for 2 years. Asking $100k, I offered $...
Henri Meli
How I added over $750,000 in value in 18 months of ownership
We are approaching the Thanksgiving season and I thought I start off a little early with a progress of ownership and a big thanks to the whole biggerpockets.com family. @Joel Owens in particular. I made my first real...
Tom Olson
Bubble Market? I think not!
I recently received an email from one of my friends who works in real estate. He fears we are in a bubble and it could collapse at any time. The following is his message.Hi Tom,I had a good call with my friend John to...
Anthony Trumbull
House Hacking in NAS Pensacola, FL
I’m looking to buy a duplex down in Pensacola near NAS Pensacola. Is anyone familiar with the area or know the average rent they are experiencing in the area? If anyone is familiar with the housing market there, I’d g...
Ronald Verdugo
Passco 1031 "The Shelby" DST - BEWARE!
As investors in Passco's "The Shelby" DST we are VERY unhappy with the return on the investment and the excuses for this performance. From a fire at a nearby property and resulting damaage to The Shelby", to delays in...
Aaron Farr
Large flip finished and sold
This flip ended up being WAY more than expected but it turned out awesome. The quick flips are nice but I really did enjoy the process of practically building a new house. I learned SO much from everything about this...
Nathan Paisley
Well it's official... I quit my jobs!
I haven't been on in a while and thought I'd share some of my progress. Long story short I quit my gov. job 3 months ago. I've had 3 jobs over the past 5 years when my brother and I began this REI journey. I was a bar...
Navid Mirkhani
Is wholesaling in the Bay Area a waist of time?
Hi BP community, I’ve spoken to some people in the Bay Area and mostly everyone is telling me its nearly impossible to wholesale houses here. They said the market is so much different than 8-10 years ago. The prices a...
Alexis Galligan
Renovating A Duplex with Very Little Cash - How to Finance or To Wait?
Hello my name is Alexis. My partner Michael and I recently purchased a duplex in a historical neighborhood in Newport, KY. Our Initial plan was to renovate the lower unit, while we have the tenant upstairs and then re...
Account Closed
The Flippin' Drop Has Arrived - Anyone Besides Me Still Flipping?
Mortgage Rates More Than Double In 10 MonthsFlipping Homes
Big takeaways from our survey of fix-and-flippers last week: 1) Rates have massively slowed transactions and prices are falling broadly. 2) Lots of talk abou...