Karam A Tascoe
First investment renovated and rented!
Well, I am pleased to say that I finally got my first property in Columbus GA renovated and rented. I purchased the property on auction dot com for $25700. Renovations costed $12,000. I am all in for $37,700. On Decem...
John Thomas
Beginner looking for coaching/guidance/mentorship
Hi BP Community. I'm 25yo and motivated to grow my rental portfolio so I can replace my W2 income. I make $120k - $150k per year and am based on the west coast. I am looking to invest out-of-state as a long-term, buy ...
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
Hi all, I want to start a thread about the pros and cons of listing STRs with a personal individual hosting account vs as a 'brand' or 'business' account. I currently own and self-manage two STRs in Maine and should b...
Osazee Edebiri
California Vs Out of State (really, but why?)
I think the constant discussion of California vs anywhere else is intriguing. So I pose a question. Hypothetical, if a person had a 2 million dollars to invest, they purchased property with 1 million in California an...
Justin Jarboe
LEASE ADDENDUMS? What extras do you add to your lease
What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples: Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...
Walt Payne
BP has many great blog posts, BUT ....
A recent blog post really, really struck me as bad advice. http://www.biggerpockets.com/renewsblog/2014/10/08...This is not the way we want investors to be representing us, and definitely not the kind of advice that t...
Stephen S.
How can I un-own a property ?
I own an now long since abandoned house in NJ. There was no mortgage but the taxes and W/S bills now far exceed any possible value of the property. The town used to clean up the property and then put a lien on the p...
Sadrud-Din Williams
Why Do 97% Of Real Estate Investors FAIL?
There's a lot of REAL Estate educational platforms out there promising to show you how to invest in real estate or flip houses, so why is it out of the hundreds of people that sign up for these seminars, these educati...
Rob Cee
Anyone have success with out of area/out of state rentals over the long term?
I'm curious if anyone on this forum has had success with out of area or out of state rentals over the long term. Investors in expensive parts of the county often have to go far away to find good cash flow and good nu...
Nathan W.
Creative 100% financing creates temporary negative cash flow
I'm encountering a situation right now, which I will attempt to generalize in this post. Looking to discuss the pros and cons, to ensure I am not overlooking anything on the financing side and understand the risks/be...