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Let me start by qualifying the title of this post with a couple statements. First, I’m not talking about your neighborhood specifically, although given a long enough period the title is likely to be very close to app...
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I own two properties free and clear, with a total value of $750,000. I live in one and rent out the other. I’ve been turned down for a HELOC by three different lenders (Penfed, US Bank, and Wells Fargo) all because ...
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If I was a wholesaler, that means that I found a lot of good/great deals. Thus, why don’t I invest in those properties myself? If money is an issue, I can look for investors to partner up with and make more than an as...
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I hear a lot about newbies wanting to be mentored and I myself stumbled across an investor who is interested in mentoring me, but my question is why? Besides the goodness of their hearts, why do investors (who must b...
I currently have one SFH located in Little Rock, AR purchased via turnkey. My long-term goal is to build a rental property portfolio that will ultimately exceed my earned income. I understand turnkey properties come...
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My wife and I just bought a Freddie mac home steps house during the owner occupied period. We closed last thursday. I needed about 3 weeks to paint and do some work to the house before moving in, so we have not yet mo...
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I have only been active on BiggerPockets for a couple of months, but it's pretty clear that BP hates the Frayser neighborhood in Memphis*.There is no doubt it's a challenge rental market, but great things are happenin...
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Hello,I had a retail buyer put in a cash offer on my flip for sale. Went through inspections with no issues. Day of closing, I showed up and signed all my papers, buyer's were scheduled for 1.5 hours later but never...
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Hello everyone,I've been looking into turnkeys recently, and at first they seemed perfect for a long distance newbie like me. I tried running the numbers though, using a few basic rules of thumb, and they don't seem t...