Sylvia B.
Hello, I'm a slumlord
We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
Karen Harris
Spouse Not on Board?
I’m new to BP and am venturing into buy and hold REI with a skeptical spouse. He supports me using my inheritance funds for investing, but chooses not to participate himself because he lacks confidence in and understa...
Victor H nieves
MEMPHIS INVESTMENT PROPERTIES Case Study
Greetings BiggerPockets!Just last month, I started crawling, walking (& dare I say running) towards being a new real estate investor! Last night, I was reading the Morris Invest Case Study 2.0 (@tyler jahnke) and ...
Manda Gouvion
How long did you wait/research before you jumped into investing?
It was just a couple of days ago I got this wild idea to invest in real estate. The thought originated as something my husband and I could invest in as a kind of self-paying college fund for our kids! So I'm halfway t...
Robert P.
Just Listed my apartment....bombarded with calls and emails!
So I just listed my very first apartment EVER! I posted on both Zillow and Craigslist and have received about 10 emails and 5 calls in the last 12 hours (posted at 10pm).My approach right now is to have an "open house...
Kyle J.
Are you wealthy?
Saw this article on MSN Money today: The answer to this question will tell you if you're wealthy. ---------------------------------------------------------------------------------------------Excerpt from the article:...
Griffin McKisson
What to Do with Little to No Income or Credit?
I am currently 20 years old and I live in Central Oklahoma with no money or income to invest. I work at a sandwich shop and make $400/Month. I have no credit and all of my income is allocated towards my bills as I am ...
Emily Poerio
Short term rental's cash flow is not great, should I walk from the purchase agreement
I am new to investing and after a few deals that had multiple other offers that I didn't win out; I did execute a purchase agreement last weekend but doing more analysis on the property and potential rates being 7.5%,...
Account Closed
$1 Million In Rentals - How Much in Reserve?
Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
Vinh Huynh
Negative cashflow on Rental Property .
Hi BP, I've just bought a property in Rancho Cucamonga in California and rent it out from last year. Since I live in Southern California, the price of real estate is kind of high. Therefore , although I've already pu...