Jon Q.
Experienced Investors: Timing / Are you now doing deals?
Experienced investors, those with 10+ years of investment experience,…How many deals have you completed over the last 24 months? If you’re not actively doing deals, what are you spending your time doing? Property imp...
Shiloh Lundahl
Realistically most investors won’t replace all income W/ cashflow
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...
Jordan Moorhead
Is BRRRR overhyped in the current market?
I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
Forrest Faulconer
Investment properties are great, but let's get PERSONAL.
According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...
Bill Gulley
NON PROFIT HOUSING WITH REVENUES
This is an open discussion about non-profits providing or facilitating special needs or specialty housing, yet doing so profitably for those who operate the housing services. This has basically arisen out of another t...
Jim K.
Do You Understand How Ugly This Is Going to Be?
There is nothing sane about what you have to be prepared to do in order to make a start in this business. Please take that as a given. The only thing I can fully agree with Grant Cardone about is his statement that re...
John Chapman
?Building a Junker Portfolio
In the last few months, I have met a few retiring landlords who were looking to unload their properties. When I looked at the properties, I was really surprised at just how junky they were. They were a bunch of ...
Andres Piedra
Tenant paying full year rent in one payment
I have an applicant who has just ok credit (average) but had a few late payments on last lease due to something or other. He told me a story, but I generally don't invest in "stories". However, he said to make up for ...
Brie Schmidt
Baseboard Heat?
We have a unit that currently has baseboard heat (electric) The tenants we had in there years ago never complained about the cost of heat, but the tenants we have had for the past 2 years say that their bill goes up $...
Josh Magnus
This economy feels like 2007. Am I wrong?
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...