Walter Roby jr
Show me your 2% rule
Greetings,I live here in the Los Angeles market and by no means expect to find any investment close to the 2% rule both on and off market. I have tried researching recent sales and cross matched potential rents in oth...
David Weiss
Sub2 + Wrap = Good Idea?
I have a question for investors who are experienced in both "Subject To" and "Wraparound Mortgage" deals.
I have a guy who wants to mentor me in the following investing strategy:
- Put a house under contract for a ...
Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Matt Sterling
Would you buy an 8 unit with a sex offender as a tenant?
I was all set to make an offer on a 8 unit(4 modular duplexes) last Monday 'til I found out there was a sex offender in one of the units Sunday night. I looked up his court case and found out it was for 4-5 years of ...
Marcos Falcao
Cash flow with rising interest rates
How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...
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 ...
J Scott
(VIDEO) Baltimore Tax Lien - Yet Another BP Tag Team Deal
Just another example of how BiggerPockets can bring people together to do deals and make money...@Christina R. spent time with @Ned Carey last year learning about tax liens, and took the leap and purchased her first l...
Shiloh Lundahl
What’s your opinion of self-righteous investors?
Have you ever read a post on one of these forums saying something like, “I would never invest in California/Detroit because it is a horrible place to invest.” Or “C-class neighborhoods only look good on paper but you ...
Nick Farrell
Should I start my real estate journey with my dad? Or solo
I’m looking to purchase my first property. I proposed the idea to my father and he likes the idea. My dad and I have a modest amount of money to get started. I’m very nervous about getting into money and business with...
Jon K.
Are all last-minute tenants bad ones?
Are all last-minute applicants bad ones?
I've been looking for a February roommate.
I've started getting more inquiries again, but after a quick Google/court record search for them, I have charming candidates.
1) S...