Nate Atwood
Four Plex
Okay well here is my second four plex idea I’m trying/thinking to buy. There are four little houses on two tax lots. Two 2/1 and two 1/1. I get cold feet, still scared and unsure of myself so I’m turning to you guys f...
Destiny Holmes
Working on my first Fix &Flip
Hi, I am working on purchasing my first fix and flip. I've done some research and read a lot of books. I am getting my team together as well. One of my questions is do the general contractor get the material (cabinets...
Stephen Akindona
What do you normally spend on cosmetic repairs?
Hey BP, I am thinking about purchasing my first property!!! It's a 4plex with each unit renting for about 650-700.
It is in good shape, but definitely in need of some cosmetic repair.
Each unit is 2 bed...
Wesley Hoover
Tax Strategies for Selling Properties
Is there a tax deduction/protection strategy for a 67 year old to hold a note on a capital gains tax? For instance will the seller pay less in taxes on the income he makes from 3k a month as opposed to a bulk payment ...
Ryan Young
Wholesale Marketing
I'm just starting to market for motivated sellers and I have a question regarding the amount of people and areas I should target with my direct mail campaign. Here is what I have done so far:
Mailed first 100 yellow...
Justin Todd
Hard Money Question!
Hey guys, I'm about to make a purchase on a local house. I'm using hard money to buy this property, and they only cover 70% of the purchase, so I'm going to have to cover $14,000 of the purchase out of pocket. Now I d...
Patrick Philip
What's the first step to building something?
At some point, I know I want to have something built. Most likely a hotel, but could be SFH's, or maybe all of the above.Is the first step to go to an architect? Will they help me design the building as well? What are...
Daniel Saunders
How do you find deals?
Hi All,I currently find 99% of my deals on the MLS and as we all know is very competitive. We get the occasional deal from pocketlistings with realtors but the is a rarity. My question is, how are other real world inv...
Brandon Smotherman
Rent too high, but can't get approved for loan
Good evening everyone!First post and excited that I accidentally stumbled across this place after reading Rich Dad. I've already listened to a few of the Bigger Pockets podcasts just today. With that said I'm still in...
Jerry K.
Big boys entering Residential Foreclosure market via Hedge funds (again)
Thought this was interesting to see in "Institutional Investor" Magazine. The banks and big asset managers are creating new private placement (Hedge) funds to enter the Foreclosure market. They want to acquire and r...