Account Closed
[Calc Review] Help me analyze this deal
Looking for some advice. This is a property in Indianapolis, IN. All the numbers are accurate. The purchase agreement was signed on 12/18.After receiving the inspection report I was very hesitant to continue. The sell...
John Lyszczyk
Why is Lumber so Expensive?
I noticed some BiggerPockets members asking about the rising cost in lumber and plywood, and given my background, I figured I wood (haha) weigh in on this subject. I currently work for a lumber company and I primarily...
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
Mike Lynch
What would you do with the money?
If tomorrow you suddenly had around $300,000 cash, would you:Try to purchase several $50,000 homes and rent them out?Purchase a couple $100,000 homes and rent them?Buy fix and flips and rentals using the banks money?I...
Chris Berry
Section 8 tenant thoughts
How do people feel about section 8 tenants??
Brie Schmidt
Baseboard Heat?
We have a unit that currently has baseboard heat (electric) The tenants we had in there years ago never complained about the cost of heat, but the tenants we have had for the past 2 years say that their bill goes up $...
Scott Trench
Help Me Understand the Fed's Most Recent Rate Hike?
Up until now, I've been cheering the Fed on, grateful that Jerome Powell took his lumps for the way too easy money policies in late 2021, and cranked hard on interest rates to beat inflation. I think in 2022, this Fed...