Lance Knapp
Is Now a Good Time To Invest? (First Time Buyer in LA, CA)
I have looked at 50-100 deals in my area of West Los Angeles. It is difficult to find properties that are cash flow positive after expenses and debt service. Basically, the deals do not look very attractive. I am curi...
Karen Margrave
People are fleeing California, are you?
I was born and raised in CA. It's so heartbreaking to see what is happening to it. A recent poll says that 46% of the people plan on leaving the bay area. Let's do our own poll (FOR CALIFORNIANS or those that recentl...
Nat C.
Moral dilemma on raising rent
I'm in a crux about what to do on 2 rentals. I've never raised the rent on both properties since the tenants moved in. One tenant has been there 5 years and the other nearly 7 years.I would like to start with a prelud...
Nancy Roth
Mentoring programs
Hi, I'm considering joining a mentoring program run by a successful local wholesaler to help me develop a wholesaling business. In addition to counseling and reinforcement, the mentor would offer me contract forms, ac...
Fade Aromolaran
I'm Looking Buy 20 Subject-To Properties In Maryland This Year
My name is Fade and I'm a wholesaler based out of Maryland and I've done a good number of deals over the past year and a half.I've been studying subject-to transactions for the past couple months in preparation for th...
Alan Goetsch
Connected Investors Largest REI Scam on the Internet
We signed up for Connected Investors 9-4-16. At the same time we where gullible enough to likewise put out information through the CiX site looking for lenders. Allegedly all the lenders on the CiX site have been vett...
Jason Schmidt
can someone please explain this 50% rule to me?
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Perry Rosenbloom
Thoughts on Paying Market Value but Cash Flowing Well
Hi Everyone,
I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.
It is also entirely renovat...
Matthew Odou
Where to move and invest if you live in an expensive area?
Hello everyone,
I feel that I’m ready to invest in my first house hacking rental property (2-4 units); I have the $ for a down payment, closing costs, and am going to be using the 203k loan fo...
Jonathan Levi
Best class of real estate in a post Covid world?
Hi all,
When I first came to BiggerPockets I was interested in multi family. Over time, I became convinced that I needed to go to triple net properties since I live Abroad and loved the idea of mailbox money with zer...