Jeffrey Lester
What exactly makes REI risky?
Hello, everyone! I have been reading like a mad man, and I feel like I have a pretty solid understanding of financing, renting, selling, controlling the properties you buy and a variety of other techniques and investm...
Evan Evans
I have access to $500k cash, should I put $50k down on 10 SFRs?
I have access to $500k. In my area there are high demand SFRs around $550k which rent for $2900-$3200/mo.Should I put $50k down on 10 of them, pulling $500k IO mortgages on each and go for cash flow and holdand reinve...
Manda Gouvion
How long did you wait/research before you jumped into investing?
It was just a couple of days ago I got this wild idea to invest in real estate. The thought originated as something my husband and I could invest in as a kind of self-paying college fund for our kids! So I'm halfway t...
Ben Leybovich
Should Newbies Have Access to Calculators?
OK, y'all. Are you new? If so - pay attention...I got a PM today from a very nice guy. Very well-spoken, seemingly intelligent, and well educated.He introduced himself, and congratulated me with a job well-done on ...
Jonathan Greene
Constructive Criticism Will Help You as a New Investor More Than Blind Faith
I get involved in A LOT of side discussions (when a thread goes off the rails and away from the original post) on BiggerPockets. Whenever it happens, it happens because an investor either doesn't like the delivery of ...
Taylor Chiu
My renters are smoking pot...
That title caught your eye, didn't it?I have 4 tenants in this property.So tenant A & B saying tenant C is smoking pot in the house (I've already given her a warning based on prior rumors). Also, tenant B says ten...
Jason Merchey
How Do Syndicated Apartment Holds Fail?
I'm looking into investing a good amount of cash in my first syndicated apartment deal. Buy-fix-reposition-hold. I am imagining there are about 25-50 fairly sophisticated individuals involved on the equity side, maybe...
Shea Spinelli
First Property - Section 8?
My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
Jesse Flores
No income but plenty of assets and can't qualify for a 198K loan
Hi BiggerPockets,
I am looking to buy a duplex for $198K plus minimal closing costs. Income is $750 per unit or $1,500 per month. I wanted to get a loan with 25 % down payment. I have already put in a bid for the ...
Sheena R Roth
Sweet 80 year old tenant can’t afford rent
We are under contract on a side by side duplex near our hometown in Ohio. We just found out that we are inheriting the sweetest 80 year old tenant who has lived in the place for 20 years. Market rent is $950+. This li...