Melanie Stephens
Seeking Stories about that "Deal That Got Away"
Hi everyone!
My name is Melanie Stephens and I write a column for BiggerPockets Wealth Magazine on “Biggest Mistakes/Lessons Learned” in real estate.
I am looking for stories from BP members about that ONE deal or ...
Derek Hemerick
When offering on MLS is it unreasonable or not to offer low?
Hello all,I am very inexperienced to the Real Estate game. What I do know is what I have learned from this site. I am currently in the market and looking for my first property. I have contacted a real estate agent who...
Henry Clark
Belize Teak Plantation
Actually started this venture about 3 years ago. I might get some activities out of time sequence. Sit back and grab some popcorn.I will chop this up into smaller segments, so each one isn't too long of a read and h...
Alicia Marks
QOTW: How long did it take you to purchase your first investment?
Welcome to our question of the week! Based on last week's responses, we have a lot of lurkers that have not purchased their first property. Buying the first, or even second and third can feel pretty nerve wracking. So...
Hady Farag
Home purchase severely under appraised ... Advise?
Hello BP,
First time home buyer here and need some insight/advise on my current situation. I'm currently under contact on a MFH for $650,000 and had an appraisal come back at $475k, approximately $175k under that pri...
James Wise
NAR Lawsuit Settled! Offering Buyer Agent Commissions in the MLS now Illegal!!!
The NAR settled all of their lawsuits for $418 million today. Lots of stuff to dig through in regards to all of it, but the biggest takeaway and change to the industry is that fact that buyer agent commission can no l...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Karen Margrave
People are fleeing California, are you?
I was born and raised in CA. It's so heartbreaking to see what is happening to it. A recent poll says that 46% of the people plan on leaving the bay area. Let's do our own poll (FOR CALIFORNIANS or those that recentl...
Marco Santarelli
What is your MINIMUM required Capitalization (Cap) Rate?
Although I'm not a big fan of using the Capitalization (Cap) Rate to analyze a property, it is a number used by many investors as a quick one-dimensional metric. It is also one that is more commonly used in the comme...
Jerryll Noorden
I GOT MY FIRST LEAD!!! This thing actually works!! HELP?
OK I got my first phone call. (Well this is the second) but this one seems really serious.Would it be ok if I asked a few of you to walk me through my first call experience?I will tell you exactly what is happening an...