Ryan Dao
Why Doesn't Everyone Invest In Real Estate?
This might warrant some raised eyebrows but I always asked myself the same question: If real estate is a great way to become wealthy, why isn't everyone doing it?Now I'm not saying investing in real estate is easy, be...
Dustin Somers
Whole Life Insurance for Wealth Building
Does anyone in the bigger pockets community have personal experience with a Whole Life Insurance policy or Wealth Maximization Account to help build their wealth and real-estate portfolio.
Nate Sanow
Average Net Cash Flow ? (Per door)
Hi all, I know there’s CAP rates, ROI / NOI, 1% rules, but in terms of cold hard dollars, I’d be fascinated to know what you average real life positive cash flow per door is, on average, per month. I’m just asking for...
Ken Nyczaj
Contractor is equity partner, pay him hourly too?
Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
Jerry Cinor
Pros and Cons of cash buying!
What are the pros and cons of buying a rental property cash? Just want to hear you guys opinion. And any other suggestion/awareness you guys might have for me.Thank you!
Greg Fend
Knowing when to cut your losses?
When do you know it's time to call it quits on a property?
I have a SFH in MD that I purchased as a primary residence while living in MD from 2008-2010. I held onto it because I was (and still am) upside down and wo...
Jordon Nichols
How long do lenders typically honor a Pre-Qualification?
Hello everyone! My question is pretty simple and straight forward. How long do lenders typically honor a Pre-qualification? I plan on using either an FHA or a VA loan when I get home from overseas in about 2 months to...
Account Closed
BRRR strategy confusion - Refinancing
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
Erica Nagle
Don't trust our agent, what can we do?
First of all I want to say that we do have some fault in this situation. I'm not trying to play the innocent victim, we did some things wrong and have learned our lesson. But we aren't the only ones that did something...
Cathy T.
current tenant wants to move in a girlfriend...I need advice...
He is an excellent tenant, and I want to keep him long term and happy. But he has a new girlfriend, and wants to move her in. She filled out an application and I did an online background/credit check. The good news is...