David Fitch
My First Turnkey - Elite Invest, Chicago
I got a lot of value from Michael L's ongoing post about his experience with Elite in Chicago, so I thought I'd replicate that for others. https://www.biggerpockets.com/forums/223/topics/16...I live in Southern Califo...
Russell Strom
Residential Backflipping
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
Russell Redford
Sceptical Wife, Who Asked for Reassurance Before Investing
I am very excited to get started investing. I currently am in a job I dislike, with little opportunities for advancement. We dont want me to work until I'm dead. I've done my due diligence, but my wife is very sceptic...
Donald Stevens Jr.
Help! Sketchy tenants
I'm dealing with a nightmare tenant! This tenant has been late with rent for the past several months (even later than my five day grace period). Rent was due on the 10th of this month and of course it was late. The fo...
Rob Lawrence
Do you think it matters if you use a 5% or 6% commission?
I am currently selling my house, and I have a 5% commission on it. My realtor says that maybe I am not getting as many people coming or an offer because of my commission percentage. In you experience, do you think i...
Jackson Tate
Tax Strategies for Flipping
I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
Nick Rutkowski
New lending standards, what’s your prediction?
I’m hearing on the internet, television, and BP the lending standards for big banks are starting to change. Some theorized prices for housing will fall, others think nothing will happen and we’ll all go back to our on...
Account Closed
Lessons learned from wholesale deal turned into lawsuit
Originally Posted by John ChapmanPOSTER Investor Dallas, TX
"This is a kind embarrassing/bizarre story, but I figured I'd share it since everyone and there brother is getting into wholesaling. Basically, I was app...
Shawn M.
DEBATE: Cash Flow vs Cash on Cash return
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Corey Dutton
What Are the Biggest Risks of Trust Deed Investing?
A loan made to an individual or a business can be secured by real estate or real property. This is also called real estate lending, or trust deed investing. A trust deed is recorded, putting a lien on the Title to the...