James Z.
How much cash flow could one get with $150k starting capital?
One of my friends who has had to listen to my incessant ranting about REI had a question for me the other day, and I felt sheepish that I had no idea how to answer him. My plans are largely centered around SFH buy and...
Lee Haenschen
Hitting a brick wall
I could use some words of encouragement. For over 2 years, every moment I can steal away from family and my business, I look at homes to try and start my portfolio. Mainly looking for some to Brrrr at the moment. It s...
Karen Kingston
Real Estate Agent Familiar with NACA Process
Hello everyone,I'm a real estate agent from New York. I work equally with buyers and sellers. This past month a past rental customer called me and said she was looking to buy a house. She proceeded to tell me that s...
Account Closed
What is your system for collecting rent?
I've always just collected checks on my SFR in the past and that has worked, but I could be closing on a triplex soon and I am worried collecting checks will turn into a headache. Does anyone have a system/app/program...
Rich Weese
financial cliff, financial crisis, Aftershock
The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
Melanie Stephens
Seeking Biggest Mistakes and Lessons Learned Stories (Again!)
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
Chris Adams
My 22 duplex lot deal - $1MM in debt - purchased with no money down.
***WHY I AM DOCUMENTING THIS ***Before you read this post I want to explain why I am documenting this deal. I am where I am today because of the selflessness of a few people that had taken time out of their lives to h...
Laith Ali
can you come up with $400 in an emergency
Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
David Beard
Turnkey sellers - why are expenses ignored?
It seems that turnkey sellers are sprouting like mushrooms, not unexpected giving all the distressed inventory being snapped up.
Current practice by the largest turnkey sellers strikes me as questionable. Here are a...
Jerusha Holder
Did I choose the wrong profession?
I will be taking my pre-license classes in two weeks so that I can get my real estate license. In the meantime I have been researching the real estate industry in general. Lately, I keep running into articles saying ...