Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
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California to make "Solar "mandatory for new Homes!!!!!!
The first state in the nation to make solar mandatory for new builds starting in 2020 . Pros? Cons?https://www.cnbc.com/2019/02/15/california-solar-p...
Douglas B.
Anyone out there specializing in under 30k properties?
I'm looking to form a networking group of people who specialize in under 30k properties for cash flow. I propose we share ideas to help each other maximize our success!
Ben Leybovich
Don't Buy $30,000 pigs in Ohio (or Mid-West)
It's not talking this time, though, if you've been paying attention, you know that I've been preaching this message for years... Here's an email from this morning names and locations edited out):Hey Ben - Really enjo...
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
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Why John & Jane Smith Can't Afford To Buy A house - No, it isn't interest rates
Don't blame everything on interest rates - It's because wages haven't kept pace
My wife and I bought our first house in Seattle in 1986 for $78,000. It was in a safe, desired neighborhood, post card view of downtown,...
Debbie Lee
Please help $41,000 paid to a guru company to be refunded !
Hi to all investors out there, hope you have any advise or resource to help me out.About 3 weeks ago I paid about $41,000 to a real estate investing company. After I have paid, their attitude and responsibility promis...
Justin Polston
Local bar owner looking to sell, tax implications/capital gains amounts if owner lives in property (and has for 40 years)?
Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
Eric Fernwood
Corona Virus Impact to Las Vegas Market
Today we sent our investors a special update on the impact of Coronavirus to the Las Vegas market. I thought it would be helpful to share it here.
There are multiple canceled events and conferences. Hotel occupancy i...
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How To Make $2 Million in Real Estate in 2 years in the Bay Area
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...