John Burtle
Making offers on houses but the real estate agent isn't happy
Do you guys ever make offers on properties and the real estate agent tells you you're being ridiculous with your offer and that he isn't up for telling the home owner your offer because its too low? Here's a quick run...
William C.
Agent is “wholesaling” property on MLS
Wow, this one is a doozy. In all of my 10 years I have never seen anything like it.Friday a client of mine discovered a property for sale that he has had his eye on for almost 4 years. Back then, it was listed for $...
Michael Ealy
Is "Stupid" Money Chasing Millennials in Your Market?
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
Peter Tverdov
Anyone else feel like the forums are losing value?
I find myself browsing these forums less and less as times passes. Biggerpockets is such a machine now and while there is lots of useful advice, it's primarily aimed at newbies (who can't use the search function mind ...
Karen Margrave
People are fleeing California, are you?
I was born and raised in CA. It's so heartbreaking to see what is happening to it. A recent poll says that 46% of the people plan on leaving the bay area. Let's do our own poll (FOR CALIFORNIANS or those that recentl...
Waylon Themer
Rookie Mistake: I Lost Money to a Wholesaler
First of all, I'm not a rookie, but I behaved like one, and I write this post as more of a cautionary tale rather than an attempt to seek advice. I know I should have done more due diligence, and I know what my optio...
Kirk B
The 50% rule is wrong!
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
Jason Palmer
Attention Wholesalers: Beware!!!
Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined th...
Evan Evans
I have access to $500k cash, should I put $50k down on 10 SFRs?
I have access to $500k. In my area there are high demand SFRs around $550k which rent for $2900-$3200/mo.Should I put $50k down on 10 of them, pulling $500k IO mortgages on each and go for cash flow and holdand reinve...