Mike Sales
Is this stupid?
I was wondering if it always a bad idea to buy cheap homes in cash I'm talking homes that cost 10 to 15k and a few grand to fix up, then hold and rent them? In a few years you would have recouped your investment and e...
Josh Curtis
Seeking advice on lease options (legal considerations)
Hi, let me start by mentioning that I'm very new to real estate investing, and have yet to purchase a property. As a veteran, I had planned on using the VA home loan guarantee to enter the world of real estate one pro...
Account Closed
Can you wholesale/assign a REO property to cash buyer?
If so, what are some things that might trip up a newbie? What if I have found a REO and have a buyer in mind that is intending to use a hard money lender. Do those work too?
Ryan Stahr
What do you include in your ROI calculations?
I'm still running numbers on properties I can access via the MLS and a friend who is a realtor, just for practice. I then had my roommate look at my spreadsheets because he is a numbers guy and likes to play devil'...
Aaron Hunt
First rental property...of many!
Hi all, I have learned a lot after lurking for nearly a year on BP forums. Thank you all for your helpful posts. My wife and I “house-hacked” (hope that’s the correct terminology?) our way into f...
Jay Famm
Okay, I have a serious question for all investors who wish to answer.
Say you were an average minimum wage worker making around $1500.00/mth. All your liabilities add up to around $1500.00/mth, so your basically living check to check. Now, you have a savings of $15K that you have inheri...
Peter Matthews
After a 7 year successful rei run and crash, need to regroup, and restart. Asking for advice.
My bus. partner and I are working on a restart of our rei business. Any advice appreciated. Btw, we know the mistakes we made, so no comments needed there... :)
> SCENARIO:
1. We built mostly SFHs from 00-07 ...
Alexander Wardell
Closed on our FIRST investment property!
As of today, I officially own my first investment property! Back in July my good friend of mine had turned me on to BiggerPockets, and I have been hooked ever since. I immediately began listening to ALL the podcasts, ...
MIke Steuart
Boston Out-of-State MFH Flipper
Hi,
I have a complicated story, so bear with me. I was a civil engineer for 5 years, then switched careers to be an airline pilot. During the pandemic I was furloughed, so I renovated my house to studs using a lot ...
Alberto Rivera
Partnership Contract
Hey there!Long-story-short, a friend of my father is interested in investing money in real estate with me (flipping). I feel that to keep waters clear since the beginning, a partnership agreement must be signed before...