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I just left this message below in reply to a forum post recently. I thought I would share it with all here to document my path and to inspire others to follow a similar path and stay away from late night guru garbage...
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We just went under contract on our first investment property which we plan to flip. Its a large house in a nice neighborhood in need of some TLC. We're using an interest only loan with 25% down. In current market c...
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Hey BP!I am currently FHA house hacking a property that I purchased about a year ago just south of USC which, unbeknownst to me, had illegal construction, which caused a host of problems, in addition to other issues. ...
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I watched the webinar in the Brrrr strategy last month and I didn't quite grasp the concept of this strategy. I guess mainly the refinance part. Can someone explain in great detail?And I've seen someone posted about u...
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Hello all,I am renting out a "2" bedroom apt in a 3-fam I recently closed on in a new area I'm investing in. I've enlisted a Realtor to help fill the fisrt time around so I can see what kind of feedback it gets and we...
Hello!
I am new to the site. My husband and I JUST entered into the business. We are extremely motivated and know we will succeed. Failure is not an option. We have the most amazing mentors. The one thing tha...
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I just bought a 4/1 single family house last month, rehabbed and put tenants in. The tenants looked good on paper, made 3x the rent ect so they screened well. They moved in April 23rd and I receive a text this morning...
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So first let me say, my wife and I got into real estate investing about a year ago. I am going to put below the RE deals that we have made, thus far. 1. Duplex- Paid 16k-Worth 35k- Generating $1,280/month in rent2. SF...
Hi BiggerPockets,Rental yields in my area are low. To bolster the yields I would need to buy in areas that I would not feel safe managing the properties. Instead, in conjunction with a partner, we have been consider...
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Hello BP,I am just getting started and have been active in my local REIA, I have been approached, about a week after a meeting, by a member who has offered his mentorship and would like to do a deal with a 50/50 split...