Rod Lambe
I found a property to buy?
Hi BiggerPockets Team Members,
I took Brandon Turner's advice last night watched the "How to Invest in Real Estate as a newbie". It was great, joined the Pro Membership! I also drove by a property I would like to buy...
Łukasz Juraszek
1% rule, 2% rule are BS...
In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
Account Closed
Buying Rentals With Cash
I am closing on my first rental on the 7th. I purchased it with cash and will also being doing the rehabs cash. By using cash the ROI numbers are coming out nice, and being in the military if I leave it gives me margi...
Jason Krawitz
Door Knocking Today - Results
Hello All - I spent the day door knocking on pre-forclosures and thought I'd share my results. I knocked on 12 doors, talked to 4 owners + 1 Facebook lead. Drove about 110 miles and actually had quite a bit of fun. I ...
Martin Saenz
The Note Business May Not Be for You!
I know that trainers want to sell you training, fund managers want you to invest in their fund, JV experts want you to partner with them, and attorneys want more files to work.With that said, newer folks need to think...
Joon Kim
Seller asking for 100k on top of asking price for STR business
Looking to purchase my first property for STR and looking at an existing STR business.The seller is asking for 100k on top of the asking price for basically the right to continue using the property as a STR as well as...
Kay Mays
RE License
Hello,
I was wondering if any of the seasoned real estate investors here have a RE license. Are there more advantages to having one? Increased liability? I'm trying to figure out what would be the best way for me to ...
Matt Hunt
How to split profits and fees?
Hello all, I have started an investment company that specializes in flipping houses and I have a group of investors that are fronting the capital for the projects. I am doing a split with them based on the % they have...
Rob C.
Entity structure on out-of-state rentals and no CA franchise tax?
This topic is just in regard to California residents with properties *outside* of California. Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-sta...
Byron Scott
Officially a real estate investor
Thanks to everyone involved at BP. Especially @Joshua Dorkin (I miss you on the podcast) and @Brandon Turner. I have been working to get involved in real estate for the last 8 years. I listened to every podcast at lea...