Michael Kotylo
MLS Pricing too high, no room for profit.
I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
Bill Manassero
Desperate for Tenants in Memphis
Bought a duplex in Memphis with two 3bd/1ba units, nicely rehabbed, from a turn-key "passive" investment firm. The units are going for $650 each and the market is around $750. I have not had a tenant in either unit ...
Account Closed
Real Industry Needs Reform
I think most people that have given it much thought and aren't agents/brokers themselves realize that the real estate industry is in serious need of reform. Should someone without a college degree be making more mone...
Michael M.
Heloc on Heloc on Heloc forever?
I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
Mark Smith
Self Managing
I am brand new to real estate investing (I don't even have a property yet!). I would really like to self manage to save money, and I think I have the ability to. My father and I can take care of plumbing and electri...
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
Hi all,
I think my question above is pretty direct.
I'm interested to buy my first rental property, and after doing a brief search I see that there are quite a number of places out-of-state (I live in NY state) tha...
Andrew Smith
Where are you buying for cashflowing properties today?
I'm curious where Bigger Pockets buy and hold investors are finding cashflow these days.
Ashley Petersen
What would you do with $60k if you’re goal was $5k/mo. income?
What would you do? You have $60k in the bank to invest however you want. You might be open to opportunities all over the country. Your goal is to generate AT LEAST $5k revenue per month in less than 2 years time. What...
Omar Ruiz
Death of Direct Mail...Birth to Digital Marketing
Direct Mail has not worked for me. It is a channel (medium) that is too easy to learn (get a list & mail to that list consistently). It "seems" to work if you have the marketing budget, list, and ability to mail h...
Suganya Vinayakam
How much new ADU build increase value of the home in california
I'm currently constructing an ADU in Southern California. While I haven't remodeled the main house, it's situated in a highly desirable neighborhood. I'm interested in understanding the increase in value that the newl...