Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Kalim Kalla
what do you hate about wholesalers?
This is a question that has been on my mind a lot lately, What to buyers/investors hate the most about wholesalers? Why do wholesalers have a bad name? Are all wholesalers cast in a negative light? Lets hear it from t...
Joe Kim
Houston we have a problem
I'm curious how other investors are feeling about Houston and Texas markets.Currently in my small to medium size portfolio of 9 properties over 5 states, I'm most worried about my Houston and texas properties.#1 Had m...
Jordan Santiago
Out of State
I live in expensive New York City and cannot really afford to invest here at the moment. Looking at properties out of state is extremely tempting and looks good. Much less expensive. Any thoughts? Is it a good idea? P...
Scott Trench
POLL - How Did You Come to Own Your First Rental Property?
I'm interested in learning something about BiggerPockets' users, and thought that you all might be interested as well. How do investors come to own rental property? While I'm sure that many methods are used, what are ...
Bryan Rodriguez
Due On Sale Clause: Myth or Fact?
BP Fellows,
When utilizing the Assignment of Mortgage Payments (AMP) or Subject To strategies, is it realistic that a Lender will call the note?
If so, can someone provide a testimonial about it.
In addition, if ...
J. Martin
"It's Different this Time!" - Why we can't lose in RE! :)
This kind of attitude scares the SH*T out of me!!! “This time is different” are the words scrawled on the wall of every financial bubble - from the South Sea to the DotCom Bust (1.0) to RE Financial Crisis - before it...
Michael Lauther
How to deal with wholesalers
[b]I have made an offer on a property through a wholesaler. Is there any reason that we can't just close through the title company with the current owner and have the wholesaler paid from the owners proceeds. I would ...
Robert M.
Rent Increases
Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
Andrew Chime
Are STR Recession proof
I've been getting mixed answers about STR during a possible recession. Is it smart to buy in 2023 and 2024 despite the status of the economy?