Amil D.
Your experience with Risks.
Hello investors!I am 27 and new to real estate. What are the biggest risks in rental property investing (Residential) and what strategies have you used to mitigate them?What is something you thought would be a small r...
Carl Fordyce
Units or properties
what do you guys think is the best way to determine how many properties do you need to reach your income goal. in other words should I base it on the number of units I need to get to my monthly income goal or the...
Seth Holland
New Investor Intro & A Question for Locals
Hello BiggerPockets & Hello fellow Memphis Investors My name is Seth Holland. My wife and I are about to start investing in real estate! We've been watching videos and webinars, reading books and articles, an...
Alexis A Peinado
Appraisal came back at my low ball offer
I made an offer of 130k on a duplex that was listed for 200k, it was approved by the seller and we began escrow. However, the appraisal came back at 136k, I'm wondering what I'm missing here? My intension is to use t...
Chad Wilson
Getting off of Memphis cold call lists as an owner?
Hello,
I have owned a SFR in Memphis since May of 2012. I have always received the occasional cold call, but in the past few months it has gotten out of hand to the tune of about 4 or 5 a day with Tuesday and Thursda...
Pete Harper
Seller reluctant to share financials
The seller for a 12 unit complex I’m looking at has been refusing to provide detailed financials. They sent a flier with high level figures but the numbers don’t look right. This is student housing and sell says the m...
Jonathan Bonin
Expensive First House. Buy or Not?
Hello!I am looking at buying a house, and it is on the expensive side when I ran the numbers. Right now it is $300,000, 2 beds and 1 bath in Orem Utah. It is a little old, and some new floors and a window or two will ...
Ryan Taylor
I need some help...cause I might not understand....HELP
So I have a potential deal...ran the BP prop calc...but might not understand everything I'm looking at...ok...here we go1050 rent927.96 mo expenses122.04 mo cash flow4.37 CoC ROI 7.02 purchase cap rate0.91 income expe...
Calvin Schmeling
How should I go upon working with a new partner
Me and another person plan on going 50/50 in a wholesale business. The thing is I know I will put way more time and effort into the business and turmoil will eventually breakout possibly. Let's hope that doesn't happe...
Carey Harris
The number one rule in Real Estate
Location, Location, Location! If you have property in the right location, at the right time, you can't help but make money. Simplistic but true.