Javier Molina
First Investment question
So I have been wanting to invest in real estate for a while now, as it is part of my retirement plan. Been waiting for a good time and have finally decided to pull the trigger. Worked quite a few numbers, and found a ...
James Sloan
Contractor wants a 50% Deposit
Should I be worried if a contractor wants a 50% deposit (initial payment) on a 15 K interior paneling project? The material cost for this project is very linear over time. The first 100 square feet of paneling costs t...
Julie S.
Emotional Support Animal/Tenants
I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
Tahj Chong-Thomas
Wholesaling without proof of funds
I want to start wholesaling but before I can lock the property in contract they ask for proof of funds. I am now starting to get out there and wholesale but i don’t have 200k+ sitting in the bank. How can I wholesale ...
Julie Kern
First Deal: SFR or Student Rental?? - Brainstorming
We have a contract on our first deal as of today (see http://www.biggerpockets.com/forums/88/topics/1548... for details).Our original plan was to rent this out as a SFR. But over the last 24 hours, I started wonderin...
Jerryll Noorden
Flipping, so easy a monkey can do it!
Make a bunch of money doing a flip! OK ok ok, easier said than done right?Well let me try to help. You will need some money. The best way to get money is by doing a flip! So only for that reason, will I share how to...
Tom Vanderlinden
Getting Started and having every deal fall through
I just had my duplex fall through, before we got to closing, because it appraised 45k short of purchase price. This was my 5th in 6 months that fell through. I've been working hard to read and do research after work a...
Perry Rosenbloom
Thoughts on Paying Market Value but Cash Flowing Well
Hi Everyone,
I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.
It is also entirely renovat...
Michael Ealy
41-Units No Money Down Deal $627K Profit in 15 Months - How?
Yesterday, we closed on this 41-unit apartment deal and netted $627,643.32 in profit (just from the sale). We actually made MORE than that because we've made good cashflow from the apartment building during the time w...
Bruce Woodruff
Could use a little advice....
Hey all - Thought I'd throw this out there.....One of our places is fully booked - but on weekends only. It has been booked every single weekend of the entire year. And that is great! However, we really need to get th...