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I walked away from what I thought was a good deal the other day. I wound up walking away because the area of town was a little (read: a lot) rougher than I initially thought. My realtor described the area only as 'wor...
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I've been on here a couple of days already and I'm loving the discussion. Ok. I'm really just getting started in earnest. I have one property, an older but stately three unit in the downtown area of my home city. I'...
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Hey guys, I have a deal I’m analyzing, would love some input... purchase price: $170kRehab: 60k ( It’s in really rough shape)ARV: 300kPlan would be to cash out refinance, so put a 240k note on the property and pull ba...
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Hello Forum! My name is Dave and I have been listening to BiggerPockets for the past several months and I am hooked. I am excited about REI regarding rentals and would like to make my first purchase in Houlton Maine ...
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Hi everyone,I have been working as a travel nurse for the last 8 months and have started to save a bit of money now. I recently bought a starter home that I plan on turning into a rental within 2 years. Besides the mo...
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Hi everyone, I want to start a discussion on why Chicago is littered with zombie homes and how some blocks are condemned with zero investor interest. I've always accepted the fact that Chicago's neighborhoods can go ...
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I'm currently 18 months (1 year lease, 6 months on month-to-month) into a SF lease. I've never missed/been late on a payment and we've taken very good care of the property as it were my own (probably better than a...
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Note Investor versus Note Business Most folks that come into the space focus on acquiring some notes and make their way along a costly learning curve to get ramped up. What I suggest is focusing on setting up a N...
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For my savvy Real Estate investors out there who have attended the school of hard knocks. What Real Estate Cliches have you found to be true, useful, or completely false. Here are my top 3 True Cliches:1. Risk comes ...
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My wife and I are currently renters. I'm just now getting into REI. I'm wondering if our first property purchased has to be our own. I see advantages to continue renting while we invest in other properties.Only have t...