Ricky Mai
The future of Airbnb
Hi,Are laws cracking down on Airbnb? I just heard on a BiggerPocket podcast that someone was killing it Airbnb. I got excited so I decided to look into it. Everything looked great in my area, Southern California, for ...
Jose Corbera
Why are mortgages so expensive?
Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
Account Closed
If you had $160k in cash, how would you enter the market?
Hey guys - my first post on BP, and absolutely thrilled to be here seeing how everyone seems pretty knowledgeable about building wealth. Was wondering your opinions...
Right now I have roughly $160,000 in expendable ...
Bob Malecki
Question on 2nd position npn in CA -- can I contact borrower?
Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
Mary Hoyt
paying more than appraised value?
Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occ...
Liam Hanlon
Kitchen Remodel Tips Needed
Hi All,Currently in the process of purchasing my second duplex. I have done minor remodeling work and landscaping on my first property, but This one requires complete remodeling in both kitchens. Looking for any tips/...
Greg Gibson
How would you invest $25,000 cash right now?
We have been sitting on a little over $25,000 in cash for a few months. I've yet to pull the trigger on where to invest it. What would you do to begin turning this $25,000 into early retirement?
Rosaria Pipitone
What to look for in a good tenant
I’m really excited to rent the upstairs apartment to my new duplex. I just posted my rental on Zillow and have several viewings scheduled. Anyone have advise or tips on how to further screen tenants prior to the viewi...
Luke Sanderson
Building Wealth in the Military With Rental Properties
This post is mostly targeted at junior military officers at the beginning of their career. However, it is applicable to anyone who moves, either due to work or personal choice, around the country for work. Or it could...
Account Closed
Detroit Bankrupt
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...