Spence Rodman
RAMP/ERA Program in Mississippi
Has anyone applied for funds through the Rental Assistance Program in Mississippi? Do you know if any of the funds have been disbursed at this point, or what the time line might be.
Meryl McElwain
Wholesaling-how exactly does it work?
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
Anton Ivanov
How I built a portfolio of 35 rentals and $10k+ monthly cash flow
Hey Everyone!BiggerPockets has been invaluable to my success as a real estate investor, so I just wanted to share what's possible with real estate if you set goals and follow through with your plan.A Little BackstoryI...
Nick Colvill
Buying multiple properties in year 1 - can I keep this up?
Jumping in to real estate was a well-calculated move. I live in San Jose, and this market is notorious for making people lose faith in their ability to purchase. I bought my primary residence in May of 2017 - a brand ...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
H. Jack Miller
Beware of Appraisals: I would not at face value, some of them are a joke.
I looked at a loan request today. I know the area very well in Philadelphia, without seeing anything my first thought was the property was worth 350k or so. The appraisal came in at 640k, the comps they used were out ...
Supada L.
First rental turned out to be negative cash flowed.
Hello,
Can anyone please give this first-time landlady some advice on this issue?
I bought a turnkey from Roofstock last summer. It is out of state and I have a PM to take care of it. It's supposed to cashflow about...
Mary Jay
When would you buy a property with a negative cashflow?
Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...
Nick Stango
Two wholesalers same house!
I looked at a property today that was listed by a wholesaler I get emails from, he listed the property at $48,000 I met him at the property and looked it over I called him later and offered him $30,000 he could not ex...
McCall Russell
Creating Wholesaling Deals
So I'm in the learning phase of REI and want to start taking some action. I know I want to have buy and hold multi-unit properties but been a little confused what I should start with since I haven't had any experience...