Hello Everyone!There are many things I would like to say to "new investors" that I have learned on my own. First off, don't waste your time on all the so-called "gurus" what they are selling is motivational talk and t...
Okay, let me start with a real live example of what I’m talking about. Then I’ll give you my take. The year was 1976. The parents of a good friend of mine were doing pretty well financially, and decided to buy a mu...
Hello everyone! My name is Andre and I'm a novice real estate investor. I actually used advice from Bigger Pockets a few years ago to purchase my first rental property. So here is my dilemma. I'm looking...
Has anyone come across this?
I don't like owing money to anyone. When someone does a job for me, I want to pay them. I also don’t like when people owe me money. (I also don’t like giving or receiving bites of food in...
Hello,I've been a RE investor for 4 years. I own three houses (two rentals and my primary residence) with a fourth under contract. I was looking to buy 2 more rentals until I saw the add on this site for Memphisbuyand...
This thread is meant to show new turnkey investors some of the things to look for when analyzing a potential turnkey deal. Please add yours!
First if you you haven't done this look for a highly recommended t...
A client (buyer) came to me interested in a listed house in the pre-foreclosure process. The listing agent is not local and doesn't impress me as being able to get a short sale done as there are 4 trust deeds on t...
I recently bought a 100-year-old rowhome in Philadelphia as part of an estate sale. My original goal was to fix and rent. It's detached - the city knocked down the home on one side in 2018 and a private individual kno...
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...
I was all set to make an offer on a 8 unit(4 modular duplexes) last Monday 'til I found out there was a sex offender in one of the units Sunday night. I looked up his court case and found out it was for 4-5 years of ...