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Midwestern markets are like football teams. Many people have an irrational attachment to them. Even if the population is declining, jobs are disappearing, and the city is mismanaged, they still advocate for them. So, ...
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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...
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Hello! As some of you know, I’m brand new to BP and loving it! In the short month that I’ve been listening, It’s completely opened my eyes to a new way of thinking about real estate and money, while forcing me to re...
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Brandon Turner instigated an unofficial Bigger Pockets meet up last night in St. Paul, MN. It was my pleasure to meet Brandon and a number of other local BPer's. Later I found myself thinking about something Bra...
Good morning Bigger Pocket Community. We need all of the help we can find to make this a win-win for everyone!!! Last year we came across a 3 bed/ 2 bath, all brick home, in an ok neighborhood, and the seller was abou...
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Hello, looking for advice on this deal. I'm under contract on a 250 unit self storage business that is 60% occupied. Its in great shape, with all concrete drives in a non drive by location but with a in city limit...
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Happy New Year BP community.I just got an email from Zillow rental manager saying that starting in Feb if I have > 1 rental listing I have to pay $9.99 per week for each listing. This is for the Raleigh NC area.An...
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This question comes out of frustration over the seemingly ubiquitous "We've received another offer, please give highest and best." I live in a hot market, and it seems whenever I call about a property, there's always ...
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Hope this question is where it supposed to be.I have 8 propertys, 5 of which have loans.All total they clear about $7000 a month.I have a small side business and my wife is a killer realtor earning us an additional $1...
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Hey BP,I'm considering buying a property to first owner-occupy, and later rent out in the Bay Area. I'm looking to accomplish a few things:1) Take full advantage of Prop 13, by buying a fixer at a low price and lockin...