On a separate thread today there is a debate about flipping versus buy-and-hold. The point was made that one should focus their investment strategy and that diversion from focus is a sign of an amateur. Others disag...
I am a new agent in New York and submitted an offer on a short sale on behalf of my client on a listing that was originally listed with an agent. I was then contacted by that agent and was told that she was withdrawi...
Since joining Biggerpockets, I've noticed one thing, everyone labels themselves as "investors". That covers a very wide swath. What specifically do you invest in, and what area of the country, or planet? REO's, short ...
Hi everyone,So a little background: I'm 10 days away from selling my first real estate flip and looking at about a 150 -200k profit. The short version is I purchased a Single family ranch at auction using 100% hard ...
Well, After almost a year of looking, getting $ lined up, networking, reading BP and basically freaking out... My wife and I have taken the plunge, we sign tomorrow and close monday on a flip in my home town... I live...
I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...
Hi Guys,I'm a new/first-time investor looking to get my first investment property, but I'm having a difficult time deciding between 3 markets. I'm considering Indianapolis (near fountain square), Cincinnati, or Clevel...
I am still in the research stage and looking into the website roofstock.com. They are a turnkey. I am wondering if anyone has had experience with this company or actually purchased through them. They seem to have a ve...
Investment Info
PP- 53k
Closing – 3k
Repairs/Rent-Ready updates: 5k
Additional Holding Cost (Rental and lead inspection, home inspection, etc.) – 1k
All in Costs – 62k Cash
What made you interested in investing...