Andrew Postell
How To: Find Real Estate Investor Friendly Lenders
When I first started in real estate investing I had multiple lenders tell me “no, you can’t lend on that”. And I took their word for it. I thought “If one or two say no, then they all must say no”. And that was com...
Philip Bennett
Illegal immigrants as tenants
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Alec McGinn
What is the best uses for a credit card?
Currently, I have one credit card and pay the balance off every month. How do you all use credit cards as a tool? Let me know your thoughts!
Annie Li
North West Indiana Deal...Worth It?
I'm under contract with another Indiana SFH. My realtor has concerns about the neighborhood (at boarder of Gary and Merrillville), but my property manager thinks it's no problem to rent it out for $1,200/month. Plea...
Rafael Norat
Newark NJ Investing
Is anybody currently investing in the Newark NJ area? I know the city has been improving and trying to drive in new businesses over for last 10 years. Just wondering if anyone has been investing in properties here rec...
David Coombes
2% v. 50% Rules in Saint Louis
Today For the last several months I've been analyzing properties listed for sale in the Tower Grove and select South City areas of Saint Louis to buy and hold. Very few are meeting the 2% rule though some pass using t...
Amir B.
When to sell an investment home
Hello BPers,
I'd like feedback on when an investor should decide to sell their investment.
I bought an SFH in Parma, OH, in June of 2017. I bought it for $86,500, including closing costs. I immediately found a rente...
Stephen Glover
Almost Lost $24,000 on BRRRR, Instead Made $8,000
My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...
Daniel Barad
Wildly Different Rent Estimates
I am trying to rent out my condo. Zillow gives a monthly rent estimate of $2,200. Rentometer estimates an average of $3,500 and a range of $3,000-$4,000. Apartments.com estimates $3,500. BiggerPockets estimates $2,500...
Tom Goans
New Bubble
As an old pro with almost 50 years of personal experience and learned real estate investing and developing from my grandfather and father, I am of the opinion a new real estate and credit bubble is being created just ...