![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1888517/small_1621516440-avatar-jacquelynf.jpg?twic=v1/output=image&v=2)
I’m 26 and have very little life, let alone real estate experience but I was able to buy my first single family home with my dad going in 25% in Southern California’s high desert.My dad owns one other home up there an...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/142798/small_1621419127-avatar-jgallen0202.jpg?twic=v1/output=image&v=2)
Here we are finally done with my first rehab. I started back around the middle of August and 3 months and one massive act of vandalism later we are at the finish line! Please feel free to ask questions and make c...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/516689/small_1621480701-avatar-shilohl2.jpg?twic=v1/output=image&v=2)
I don’t mean to burst peoples’ bubbles here, but in my opinion, most investors on BiggerPockets won’t get to a place where they can replace all their monthly income with the cash flow of their properties. Some will. B...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4738/small_1621347135-avatar-barnardinc.jpg?twic=v1/output=image&v=2)
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1412503/small_1674858148-avatar-alvinu2.jpg?twic=v1/output=image&v=2)
So here's where I am with this.... A couple of weeks ago, a close personal friend reached out to me about an off-market property she picked up in Eagle Rock, Los Angeles. She is now on escrow using a loan to purchase...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/165587/small_1621420702-avatar-asilang.jpg?twic=v1/output=image&v=2)
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1654153/small_1621514513-avatar-rosal15.jpg?twic=v1/output=image&v=2)
So we have a house with equity of about $750K, mortgage is paid off. I am closing a business and am now collecting funds from it. I have about $100-$120K to invest soon and about another $80-$100K to invest beginnin...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/683077/small_1694917204-avatar-oliverf7.jpg?twic=v1/output=image&v=2)
Hi everyone!I'm new to the site and new to real estate. I'm currently working in San Diego and have decided to move part of my savings/investments into real estate. I'm primarily looking for a buy and hold unit, proba...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/599088/small_1696080706-avatar-davidt125.jpg?twic=v1/output=image&v=2)
I'm in the process of buying my first rental property in Lincoln Park and in a sticky situation. The owner claimed it was zoned as a 3 flat, but the zoning certificate came in as a 2 flat a few days before closing. ...