Account Closed
I am the rich guy you want to be - and I have nobody to talk to
Excuse what is going to be a long rant - for the sake of my sanity I need to get this off my chest. I have another username on Biggerpockets (no, Adam Smith is not my real) which is my real name - but for this post I ...
Ben Bymaster
A College Dilemma
I've always loved real estate. I would stare at house plan books for hours on end as a child, before creating my own floor plans. I read nearly 50 business and real estate investing books throughout high school. Nearl...
David Beard
Private Lending for Buy & Hold
I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...
Hubert Washington
How Can My 1st RE Investment be in Multifamily/Apartments?
BP Community,I would like to receive input from those in the community who have more experience than I do. First a little background on me. I am new to real estate investing and BP. I started my journey a little over ...
David Zinn
#askbp 15-yr vs 30-yr mortgage
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
Matt Powell
BRRRR Strategy - I don't get it.. what am I missing?
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
Axel Meierhoefer
Turnkey - If you had to choose - who would you prefer and why?
I have been narrowing the field of potential organizations for my 4th property and beyond. I have had calls and emails with Memphis Invest, Spartan Invest, Norada, and MetropolitanI know there are many more out there ...
Zoe Lee
staggering late fee of rent charged by PM
We recently acquired a property with tenants who have been perpetually late paying rent. It didn't dawn on us that our PM has been charging hefty late fees until recently when they sent a statement with the late fee u...
Gino Barbaro
Where Do You Think People Fail When Not Achieving Financial Freedom?
I've been obsessed the past decade on trying to understand why some people become financially free, while the majority of the population is living paycheck to paycheck.I just launched a book called Baby Money Soldiers...
Nathan Gesner
What is your biggest fear as a Landlord?
Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...