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I'm a newbie to real estate investing in the Phoenix area and was thinking about joining a club to find a mentor and network. Is it worth paying a membership fee and going to monthly meetings or would it be more advan...
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Has anyone here invested in notes with American Wealth Builders?
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Hey guys. It’s my first time on the bigger pockets forums and I’m looking for some advice on my next investment move. Sorry for the long description but this needs some explaining.
I’m English but moved to Porto in ...
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This is an abbreviated soap opera: There's a house that I'm interested in purchasing; however, there are five interests in the property: 1/2 interest, 1/8, 1/8, 1/8, and 1/8. The first owner of the home had a debt she...
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Hi all,
I'm just starting out. I read Greene's Long Distance Real Estate Investing and I am currently about half way through BRRRR. My question is this, what are the down sides to BRRRR? I'd love to hear critiques...
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So I really like STRs and thinking about how much to put into it. Hopefully nothing like COVID happens again but it could. Regular properties are probably in a better position because people always need a place to sta...
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Hi all! Just digging in to this forum and learning a lot. Have recently started a renovation company with a friend, both of us successful business owners and talented in the trades. Also both enjoy freedom in our sche...
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As a rehabber, I'm willing to borrow money at more than the usury-limited rate of 10% (I live in California). I have seen posts in the past indicating that private money can be loaned at higher interest rates if the b...
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I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...
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HUD Home Q&A
What is a HUD Home?
A HUD Home may be a single-family house, a townhome, condominium or other type of residence. The properties were deeded to HUD/FHA by mortgage companies who had foreclosed on FHA-...