I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....
Hey all, I'm a 37 year old with a successful 15-year advertising career making six-figures. My largest frustration is that my salary is beginning to cap at low six-figures and the % of people making huge amounts of m...
Excuse what is going to be a long rant - for the sake of my sanity I need to get this off my chest. I have another username on Biggerpockets (no, Adam Smith is not my real) which is my real name - but for this post I ...
Hello fellow investors! I began a post a few months ago in regards to a new construction project I will be starting soon and after all the great input I thought it would be nice to start a journal in order to help ne...
I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Found a great investment property but trying to keep everything as cheap as possible and do a deal without a real estate agent(nothing against real estate agents). I found the owner of the property and can message the...
STR... good, bad, or depends?
I live in Frisco, CO nestled between 5 ski resorts, lovely Lake Dillon, and a 1.5 hour drive to the growing metro area of Denver.
We are not alone here, but in Frisco, there is a big wo...
I started investing in real estate over 8 years ago and I have done all kinds of deals. I started as a landlord and buying Rentals. Then, I started wholesaling and flipping properties (currently doing about 50 trans...
What would you do with tenants like these?
My tenants in Athens, GA have paid late every month. They never pay the late fees, and we never chased them for it because it wasn't worth the $50 or so. The last mo...