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The short-term rental industry is taking a hit, especially those AirBnB arbitrage folks. Even if the market recovers, this summer may still see large losses as people focus on getting back to work and paying bills. I ...
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Hello Bigger Pockets! I am relatively new here and I have been soaking up knowledge since I joined! This is a great website and has a great community. I am a 15 year old male from LA, CA who has always loved Real E...
Has anybody here invested in any of the biodiesel production companies that are up and coming? What kind of returns are you seeing? I looked into it before we moved out of Iowa, but never was able to actually make t...
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Spouse and I own a townhome rental about a mile from where we live. We utilize a property mgt co. There are things the company does that drive me batty. When I get the monthly statement as I am opening it I think "w...
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Hello all. I'd like to start with expressing my sincere gratitude for every single individual who has been apart of putting together and contributing to all of the many facets that make up Bigger Pockets. Its truly am...
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For those of you who created a wholesaling business, how long did it take you to transition from your 9-5 job into working for your own wholesaling business full time?
How long did it take in months/years and how muc...
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Hello BigPocketers, I wonder how many of us does actually live abroad (let’s say outside U.S.) and is at the same time an investor in Real Estate in the United States. This great country and huge real estate market gi...
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I do not know about you, but with all the troubles you read about concerning Bank of America it makes you wonder if your money is safe with them. If I had any funds in their bank - I would take it out as fast as possi...
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I'm just curious on how many people honestly just do it because it's good money and makes sense. Or, they do it because they have a true passion? How can you tell if you have a passion? Honestly, I think it's just g...
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Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...