Travis Salley
The least impressive story on owning 4 properties. But it worked!
Hey BiggerPockets Family, I just closed on my fourth property and I felt that it was important to share how I got started in real estate investing. There are many superstar stories on BP, mine has been more of a gr...
Matt Ferch
Help with 401K loan math? Compared to HML?
Hello, I would like some help understanding the math related to taking a 401K loan. - I have a 401K which allows up to $50,000 loan for any purpose- 6.5% interest- time period can be 6 to 60 months- it is paid back wi...
Lacy Tilley
Security deposit and lease termination.
Any input would be great.
The tenant had told me she cannot go through with the lease.(circumstances are legitimate but an agreement is and agreement)
Signed on aug 15th for move in on aug 29th for a 2 year lease. ...
Connor Hedley
Why are"Repairs and Maintenance" expenses calc. as a % of income?
In the Bigger Pockets calculator, "Repairs and Maintenance" are represented as a % of gross monthly income. The suggested range is 5-15% of monthly income. My question: Shouldn't "Repairs and Maintenance" be calculate...
Jason Waldo
To sell or not to sell is the question
So I have a townhouse that just went vacant due to the tenant buying her own home in the same community and we have a few applications in in less than a month for new tenants. It’s in an HOA Communtiy of townhouses to...
J J
Is taking your real estate liscence really worth it?
I'm interested in real estate and wanted to know if realtors are very successful in what they do? I'm changing careers and wanted to know the ups and down of being a realtor. The erason I'm changing careers because I...
Abdenour Achab
Should I expense or capitalize post acquisition eviction costs
I acquired a house in September 2010. I evicted the previous owner in December 2010. I paid the eviction costs in January 2011. I listed the house for sale in March 2011. I expect to sell the house in 2012.
The house...
Justin Reader
Pro Rated rent @ closing
Today I had closed on a duplex, signed all the necessary papers and after I had left I realized that I had not received the rent checks or the security deposit from the seller. I had called my agent, he reached out to...
Dalton Chmelik
To flip & Sell or use first house as rental property!?
As my wife and I get closer to starting our rental property journey the house we are living in currently is still a point of contention between the two of us. We have both agreed that rental property investing is a di...
Joseph Allen
New to the forums looking for advice.
I have been interested in starting my real estate adventure for a long time now but have no idea what I needed to do to start. I picked up Brandon Turner's book "The Book on Rental Property Investing" and it has been ...