Travis H.
Do These Goals Seem Reasonable? (and other questions)
Brace yourselves. This one's a doozy. Skip to the line if you're in a hurry.I joined this site quite a while ago. Then, I forgot about it. I just focused on other things, almost all of them crazy ideas and flights of...
Rich Weese
40% loss in net worth in last 3 years
I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...
Yu L.
9% cash flow pot house, want your opinion
I have a deal which I structured owner financing in it, my plan is hold on to it and will either sell it at the end of the loan period or just keep it.
It is a SFR, ARV is ~ $450k, I am buying it at $461k. T...
Kirsten Walstedt
PRIVATE LENDING QUESTIONS
Does anyone know whether there is already an article somewhere on BP about how to become a private lender? I have some cash that I want to put to work, but I do not know how to start out as a private lender, what t...
Kenneth Garrett
Tenant Rules set by Landlord
I have a number of rental units where I use the MLS rental lease. I use this so I make sure I meet the state requirements. I do not have a list of guidelines and/or rules that the tenant signs other then what is in ...
Lisa H.
Lending snobbery - DSCR loans
Has anyone experienced a lender treat you differently after reviewing your financials? I am working with this lender who was so friendly and helpful. I was fist trying to qualify for a conventional but since I can’t v...
Sebastian Garcia
Real Estate APIs and Data Science
Hello everyone!Quick bit about me- I'm a data scientist working in NYC and literally just started looking into REI a week ago. Mostly because of the dream I have of retiring early with a nice cash flow, but also partl...
Abdi Muya
The most scared & excited I’ve ever been (FIRST POST)
I’ve been binging BiggerPockets podcasts and one of the things I’ve taken away from them is the “why?” So I’d like to start there. I have two, the first one is my daughter. She’s 6 months old, wasn’t planned and has b...
Robyn Coady
If you had a million dollars cash what would you do?
I find myself in an interesting position. I'm a total newbie with access to a million dollars. I know it sounds ...well, actually I have no idea how it sounds. A million dollars might sound like an outlandish sum of m...
Chris Purcell
Do you raise rent on good tenants?
My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and t...