We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
First, I'm a newbie and lately I've been stalled due to the ongoing conversation/discussion on whether or not wholesaling is legal. There have been a plethora of opinions and heated discussions surrounding this topic...
My first real estate investment was in 2010. I kept acquiring properties, sometimes using the BRRR strategy. I've been without a day job for 1.5 years looking for more deals and got a couple large portfolios in 2016...
The other day I was having a discussion with some associates about the upcoming Presidential Election, and one of them brought up the Democratic Candidate Andrew Young and his Universal Basic Income Plan called "The F...
Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...
Hey team, so this is a super personal post. Read at your own risk lol.I grew up in a family that had 2 - 4plexes and 3 triplexes. I grew up collecting rents with my dad, and working on the houses and mowing the lawns...
Wholesaling real estate can be life changing. I know a lot of people who started from nothing and now make 6+ figures annually doing so, that pisses agents off lol. The things I see about wholesaling on BiggerPockets ...
There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...
Hey everyone!
My name is Melanie Stephens and I write the “Biggest Mistakes/Lessons Learned” column for BiggerPockets Wealth Magazine.
I am looking for BP Member stories for an upcoming column on Biggest Mistakes ma...
I have realized I really do hate this website. Let me explain.I am brand spanking new and just learning at this point. I haven't been able, due to family situations, to truly do more than just learn. (and I am gettin...