Pawel Ptaszek
Where to start?
Hello there everyone. My name is Pawel. I know this might be a question that's asked here daily, but where should i start? I am currently 22 and going to school for what seems to me an endless rat race with no bright ...
Tyler Caruso
Subject to packet
Would somebody be willing to send me their subject to packet they use when doing deals? I have the purchase contract and addendum to take over financing taken care of already but need templates for power of attorney ...
Paul Spangler
Should I get an interest only mortgage and invest the principal?
I was talking with my boss recently about our mortgages, and I wanted to see if anyone else has done this.I just bought my personal residence and have a 30 year loan for $322k at 4.65%. He suggested that I get an int...
Joe Farruggio
Flip & Taxes - Capital Gains?
So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...
Scott Trench
Gold Investing - Insane? Or Surprisingly Successful?
It seems pretty clear to me that members of BiggerPockets will generally understand the obvious long-term advantages of Real Estate and even passive index fund investing over hoarding gold.The problem is that gold isn...
Gregory Schwartz
Higher ground just doesnt always make dollars or sense
This weekend I received a repair request from a tenant. The tenant's stove shorted (the old outlet arched) popping the breaker and her dryer wasn't performing up to par. This same tenant is consistently late on rent a...
Sam Ragan
New member, questions, lenders, foreclosures
Hi everyone,I came across BP while searching for properties, and this looks like a great place for investors. I bought my first two rentals almost five years ago and am grateful to have wonderful tenants, thanks to th...
Collin Hays
Two fallacies to avoid right now: Sunk Cost Fallacy and Recency Fallacy
I hear from a fair number of folks that are ensnared by one of these two fallacies right now.The first one is the "sunk cost" fallacy. The sunk cost fallacy occurs when we feel that we have invested too much to quit....
Rob Barth
Renting properties at or below mortgage payment
Is it a bad idea to invest in properties where you would be able to collect rent that is equal or a little less than your mortgage payment? Or does anyone have a rule of thumb on how much profit they typically expect ...
Account Closed
Property managers allowed unsupervised showings, resulting in theft
Hello! After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management. I understand that it's unrealistic to expect anyone to treat your property with ...