Michael Adamo
Inherited property in LA, seeking advice from experienced investors
Hello all,
As a single father, I am reaching out to the community for some advice on a property that my sister and I recently inherited in Los Angeles, in the 90036 zip code. The lot is 6500sqft, with a 3 bed 2 b...
Mike K.
RE Investing - Not a good option right now
After looking at the opportunities available in RE investing and analyzing the risks and rewards I decided that there are better options available to build wealth. It pains me to say this since I have been an apprais...
Mike Dymski
Idle Cash and the War Chest Strategy
A - Invest $100, add value to $120, market corrects to $100 in year 1, but you achieve an 8% return from cash flow and principal reduction.B - Invest $100, add value to $120, market remains as-is (or it takes longer t...
Kevin Wang
How to verify income for self-employed? First time landlord needs help!
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
Matthew Baltzell
What is your biggest problem you face right now as a REI?
Hello Bigger Pockets Community:) What's everyone's biggest frustration/problem you face right now as a real estate investor?For myself, it would be deal flow. My partners and I will look at 100 deals and about 5-8 of ...
John Roberts
Landlord wants to sell us the building we are currently leasing
My wife and I own a restaurant and we lease the building. Our landlord just inherited the building from his dad that just recently passed away and he really doesn't want to be a landlord. We are in a very small rura...
Karen M.
What are some options for funding a rehab project?
Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...
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...
James Gates
FIRST BRRR Complete! Details + Pictures!
Hey Biggerpockets!My partner and I just completed our first BRRRR and we are so STOKED and THANKFUL for the education we have received from this website. I am writing a summary of this report in the hopes that someone...
Shiloh Lundahl
Would you rather have 10k a month in passive income or $1,000,000
I read a post on linkedIn from @Travis Watt, a fellow BP member, that posed the question, "Would you rather have 10k a month in passive income or $1,000,000? I thought it was a great question and I think it merits a ...