![](https://bpimg-biggerpockets.twic.pics/no_overlay/assets/uploader_default_urls/1_news_item.jpg?twic=v1/output=image/cover=625x330)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/38360/small_1621389810-avatar-ranger9268.jpg?twic=v1/output=image&v=2)
I am happy to report that today I closed on a 240 unit apartment complex in Atlanta, GA that I bought for $9.4 million and it appraised for $9.9 million. Capital raise was $3 million and my investors are super excited!!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/180293/small_1621422677-avatar-jlh.jpg?twic=v1/output=image&v=2)
Well main stream media is now coming out with comments like."WE are already in a slump in RE new construction is down But real estate is not going to lead a recession.. "so what that will do is boost consumer confid...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/819742/small_1626819106-avatar-katiemiller.jpg?twic=v1/output=image&v=2)
Hello! I want to feature YOU in the next issue of BiggerPockets Wealth magazine (subscribe here! www.biggerpockets.com/magazine) if you have a fun/unique retirement story to share:
-Did you retire just before or duri...
I have either read on the forum or heard in the podcast that you choose your strategy based on your goal(s).
I.e. Rentals create passive income and wealth in the long run vs. rehabbing which has large payoffs in a sh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/22686/small_1621361972-avatar-drzaius7.jpg?twic=v1/output=image&v=2)
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/91609/small_1621416612-avatar-thomascherico.jpg?twic=v1/output=image&v=2)
I am very upset at Wells Fargo Bank. We had been with the former banks Wachovia etc. since 1989 and NEVER had any late payments on anything!
Now Wells Fargo Bank - CEO John Stumpf recently received $25,000,000,000.00...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/301696/small_1621442853-avatar-jonm9.jpg?twic=v1/output=image&v=2)
Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/299384/small_1666790467-avatar-smartland.jpg?twic=v1/output=image&v=2)
So, for all that do not know, Amazon is building nearly 2.4M sq. ft. distribution center(s) - specifically (2) new facilities within 20 miles of one another in NE Ohio - this is great news for the region and job creat...