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My wife and I have been following Bigger Pockets for the last couple of years including a few podcasts. I’m writing because I need a sounding board. I’d been involved in REI a number of years ago and in the 2008/2009 ...
Hello everyone!After watching countless podcasts and reading books by BiggerPockets, I feel like I am ready to start investing into real estate. I'm in my early 20's and I am currently living in Los Angeles.I am mainl...
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Hi folks -- I am new to this wonderful forum and excited to get involved. I realize partnership / profit sharing structure is frequently discussed here but I couldn't find an answer that matched my situation.My goal: ...
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Recently a tenant moved out of my most expensive rental---a 4 bed, 3.5 bath, fully fitted out basement with 9' ceiling that is a walk out, 5 year old "Builders Model Home" which is now a rental for me at $2,500 a m...
I came across this beaut and took the challenge. It was a property I took Subject To in WA that I helped the sellers with and they love me for it. They had it on the market for 6 months and the realtor had given up. W...
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Some one told me, if I was going to be a buy and hold person. like the triplexs I have been looking at. If I paid a extra 50.00 a month it would nock years off my loan. I tried several times to figure out the math...
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This post is for seasoned investors.You are starting out and do not have a mortgage, yet. You work a stable job and make $5K a month. You've been able to save up and have $50K in liquid cash. Your goal is to cre...
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Hi everyone! I stumbled upon this forum by just searching the ol' google for some info on how to get started in real estate investing. I liked what I was reading and figured I'd give this site a go...so here I am.Firs...
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Hey there! Question about home appraisals and what to do when your selling price doesn’t match the buyers loan appraisalI’m selling a house I rehabbed. Did the deal and rehab all in cash. Had an offer within 24 hou...
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Can someone explain the velocity banking strategy? I have seen the concept explained as a way to use a HELOC to pay principle only checks to your mortgage as a way to pay off a loan in an extremely short amount of tim...