Anthony Wienke
Is it illegal to ask investors for money on a rehab project?
So here's my question, is it illegal or unwise to ask for money from investors on a major rehab project?I have done all the leg work and calculated the ARV (about $980,000) the total cost to purchase the vacant apartm...
Nick Papayiannakis
Please advise on how to proceed.
Hello everyone!
I will start by expressing my respect and admiration for the vibrant community of investors helping one another for the mutual benefit of all here at BiggerPockets. I also wish thank all those who ta...
Raheel Naviwala
Been flipping houses and making money but is there a better way? Hard money loans vs private funding
I have been flipping homes for the past year and have successfully done 3 houses making good profit. My LLC has a private investor pool (friends and family). We use their money for all costs and then sell the house fo...
Derek Sperzel
Weigh in on my plan to increase liquidity pre-correction
With all the talk of a Real Estate Correction looming, we've been self-educating, and considering different ways to prepare. We understand that being highly liquid is especially critical for acquiring deals during an...
Sherry Lewis
Using Speculation in Contemplating a Deal
I have located a possible deal that could be the "diamond in the ruff" scenario but it is partially based on speculation. How dangerous is it to proceed and what are the chances of finding a money partner that is wil...
Brian Christel
HELOC, Cash Out Refi, or 1031?
Hi everyone,Finally getting around to my new member introduction and have a quick question for the members. I bought my primary residence off market last August (condo in a highrise) for 128k. Comps are selling for 16...
Kristin Szalajko
Hello - How Do You Pick Your Strategy?
Here goes my first post. ;) I'm your classic newbie learning the ropes and trying to figure out how to tackle this real estate investing thing. I'm hoping to eventually quit my full-time job and be able to focus on b...
Natalie Olivo
Getting Started with little savings
Hello BP folks!
I'm very new to the community.
I joined Bigger Pockets not too long ago and am trying to get into buy and hold. I like the idea of reliable monthly cash flow. My starting goal is to have...
Jack Forester
What percentage of tenants are horror stories?
Okay, so my wife is reading about the horror stories of bad tenants and tells me that "We've been lucky". My thoughts are that a horror story is more entertaining than a story about boring perfect tenants that take ...
Carole G.
Ex girlfriend broke windows. Who pays?
One of my tenants' ex-girlfriends broke every window in the apartment. I am trying to take her to small claims court, but in the meantime, the windows need fixed. The total is only $137 over my deductible, so no use...