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Hi All, I was doing some networking over the weekend with a person who made big in the Commercial real estate (retail) and he suggested me that, first advise I can give you is, don't deal with people/ rentals. Because...
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My rentals are in a college town. I deal almost exclusively with students and rent by semester, not month to month.I have evicted three tenants, all from out of state (PA and NJ), and I want to sue them for the money...
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This company is a bait and switch lender advertising one thing and then once you're in you are held hostage, ignored and financially penalized. DO NOT CHASE THE DANGLING CARROT. I am a LICENSED TEXAS REAL ESTATE BROKE...
Hi BP community,Once the inspection has been done, when do you walk away from a deal? I know there's no one answer to that but I'm facing that as I evaluate a fourplex opportunity.It's a brick building that is fully l...
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total investment for my first rental before i get a security deposit and first month rent is roughly 25k. im planning on 800 a month rent (already rented just need to close). if i can assume 600 NOI monthly (i don...
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What are the biggest risks associated with fix and flip loans, and how do you mitigate them?
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Hello All,
I'm the owner of 3 Airbnb properties that I've acquired and renovated over the past 6 years. Initially it has been great, so great it has prompted me to leave my aerospace career in Jan 2022 to focus on re...
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I purchased a property in Dallas PA with a HML for $70k and put $70k into it. As you can imagine it was completely redone. The HML required an after repair appraisal And the appraisal came in at $200k. I went to do a...
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Scott, @Scott Trench,I must say, you truly disappointed me with your negative article on stock investing. https://www.biggerpockets.com/renewsblog/2015/04/16/ridiculousness-of-stock-picking-waste-of-time-young-investo...
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I am looking to buy my first property within the next few months but I've heard several real estate investors say that it's a terrible time to buy because of peak prices. That I should wait at least until after the e...