Rosalina Brenda Berk
If you could start over, what would you do differently??
Calling all seasoned real estate agents, (5+ years of experience), I am a brand spanking new agent, (I passed my state exam three weeks ago and joined Coldwell Banker almost two weeks ago), and I would love to hear yo...
Serena Tillman
Best Housing Market - Out of State Rentals
Hi all!My name is Serena Tillman and I’m new to Bigger Pockets. During this pandemic and social distancing, my hope is to truly grasp REI as much as possible to start the process of purchasing my first property at the...
Gerry Harris
100k in the bank and 100K in debt
Hello all! This is going to be a rather long post, but I am very perplexed on what I should do with my very current/upcoming situation.Long Story Short, for all intensive purposes I am about 100K in debt6k left on car...
Henry Clark
Self Storage- LLC Operating Agreement
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
James Sloan
Contractor wants a 50% Deposit
Should I be worried if a contractor wants a 50% deposit (initial payment) on a 15 K interior paneling project? The material cost for this project is very linear over time. The first 100 square feet of paneling costs t...
Coe Davis
Market crash prep
What do you do when you purchase a house, rent it out and then the market crashes and the house is no longer worth paying such a high rent rate to potential renters comaparing them to other houses but you are still s...
Account Closed
Why is the "appreciation perpetuity" being ignored when valuing properties?
An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
Amie D.
Bad Start or Bad PM?
Hi All,I had posted about a year ago about tenants brought in by a new property manager. It seemed to take them a long time to rent the property and I had a bad feeling about these tenants from the start. This was bec...
Daniel Walker
Advice appreciated! - Negative cashflow but positive equity?
Hi Folks,I am new to buying real estate for investment purposes, but have held a rental in which I used to live since 2014. With equity I've extracted from the first house I am looking at a 2-bed town house which has ...
Timothy Hero
What Will You Be Doing if the Market Crashes?
Obviously only the stock market is currently being effected with the coronavirus, but lets assume in the near future the real estate market starts to feel the impact or we experience another 2008. I'm curious to hear ...