Abraham Anderson
$1,300,000 Deal at Age 21 & I'm Retired!
Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
Jacob Knowles
Why isn't everyone buying and renting mobile homes? what am I missing?
If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...
Dave Meyer
Door count is a terrible metric. Please stop using it.
Door count is the worst (commonly discussed) metric in the real estate investing community. Why does everyone use it? Can we all decide to collectively kill it? Or are there some of you out there that stand by door co...
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...
James Wise
Are you prepared to do what it take SURVIVE this business?
Are you prepared to do what it takes to SURVIVE this business?Are you REALLY prepared to make those tough calls?Can you push emotion to the side for the betterment of your business?Are you willing to do EVERYTHING in ...
Account Closed
Trump/CDC Halts evictions nationwide to the end of the year
Trump and the CDC are using public health authority to halt residential evictions for nonpayment through the end of 2020:
https://www.cnbc.com/2020/09/01/trump-administration-moves-to-halt-evictions-during-coronaviru...
Colleen Prescott
Should I not invest out of state?
I just got a Bigger Pockets email with an article about all the reasons I should not invest out of state. I live in the SF Bay Area and can not afford to buy in state and that article scares the s*^+ out of me.
If I ...
Nik Moushon
Deep Dive into Development of Duplex/Townhouse (New Construction)
Introduction
My intentions here is not to do a quick look at the numbers but a deep dive into the entire experience of doing my first development. I did break this down into sections so that you can skip to area of i...
Jeff Brower
My first Duplex- FHA House Hack Case Study with Tips
I have now been living in my FHA-purchased duplex for 6 months, and I wanted to share the story to encourage those who have been waiting on the sidelines stuck trying to figure out how to get started. If you read the ...
Jon Carter
Help!! My Wife Only Gave Me $10K
So here's my challenge. I want to start investing in RE but my wife isn't so thrilled. She says I can have $10K to start out with. If I can make some money using that she says I can have more. (Guess who pays the ...