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Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...
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So I've been looking at different options to get into the rental real estate arena and for someone who works at a senior management level with a full time job it seems that Turnkey properties would be ideal to at leas...
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We had the REIA meeting yesterday. DBPR was kind enough to send an investigator down and cover the topic: what constitutes unlicensed brokering. She did address one specific case where the file has been turned over to...
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Let me know what you think as my potential first investment! 4-Plex Purchase Price: 200kCurrently tax appraised at 218k3% downpaymentTotal Loan Amount: 194,000Texas Teacher Heros Grant: 4% or 7,760PITI: 1729/month (10...
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Hey everyone,I'm currently rehabbing a property for rental and my contractor is now MIA. I've tried calling, texting, and emailing but I'm not able to reach him at all. This has gone on for a week now and he has left ...
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Highest property prices in the nation, maybe the world. Yet commission rates are untouched. 5-6% is still standard. But how is that possible considering that'd be more than most people make in a year? $100,000 I he...
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Hello Bigger Pockets!My name is Tim, a new member of the community. I eagerly want to learn as much as I can from all of you as I begin learning the ins and outs of real estate investing.Unfortunately, I am realizing ...
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Hi all! I’ve been debating on whether to post this or not....
My fiancé has been unsupportive of my real estate journey. I start talking about real estate and he just tunes me out And doesn’t say anything. I told him...
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On a separate thread today there is a debate about flipping versus buy-and-hold. The point was made that one should focus their investment strategy and that diversion from focus is a sign of an amateur. Others disag...
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Hey guys,
I recently met a seller who owed nothing on his property. It's a good property, under 10 years old, 3/2 with 1300 sqft, etc etc.
The house has comps from 70k (fixer) to 90k (move in condition). It can rent...