Eric James
Help me understand the advantage of multi's
I frequently hear/read that large multifamily properties (i.e., apartment complexes) produce better returns than SFH or small multifamily (2-4 units) properties. I just can’t see it in the numbers, as I can figure the...
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
I want to talk about my experience taking Rich Dad/Elite Legacy Education's three days Real Estate workshop. The conclusion: it's a scam. The purpose of this post is to alert people about this $35K scam (since BP has ...
Tracey Robinson
Must do 1031 exchange before July 15th , what to buy ?
Hi, I’m a novice, trying to get into making extra income through real estate though I do have stable employment. Have just sold a condo and must do 1031 exchange by July 15th. Will have 400K as liquid funds from that,...
Ayo F.
Anti-Flip Clause
So I have read in many places and discussed with many attorneys about the 30 - 90 day anti - flip requirement for short sale acceptance.
However, has anyone ever bothered to question the banks legality for requiring ...
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...
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'...
Brian L.
My Wholesaling Journey-- hopefully this will be a LONG thread.
Hi all,
I am in the process of starting wholesaling. After a previous stint financing a couple real estate projects in '08, I petered out. Recently, I've since decided to focus again, but this time in wholesaling. ...
Kirk B
The 50% rule is wrong!
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
Nathan Gesner
How to combat the growing hatred for Landlords?
Below is just one example of the many websites and forums popping up around the country, depicting landlords as greedy, evil monsters. What's most interesting is the growing number of people that believe housing is a ...
Ruben Parra
The great California vs Out-of-State debate
Hi BP members!This is just my second post and it feels great to have received such good feedback and support.Since I don't usually carry around $100K in cash, my southern California backyard market can seem a little i...