Caleb Haynes
I keep getting outbid on home offers I’m making
I keep getting outbid on home offers I’m making on single family homes. HOW MUCH OVER ASKING PRICE DO I NEED TO OFFER?I’m looking in the Tyler, Texas area, doing a conventional loan.I offered day of, full asking price...
Nick B.
50% of the house for sale! What's there for an investor?
Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
James Sloan
Contractor wants a 50% Deposit
Should I be worried if a contractor wants a 50% deposit (initial payment) on a 15 K interior paneling project? The material cost for this project is very linear over time. The first 100 square feet of paneling costs t...
Katherine Rossell
Inherited Our First Problem Tenant, Please offer any suggestions!
My partner and I just closed on a three unit the end of July. We purchased the building from someone who was not a good landlord. Two of the tenants in the building are still on his year lease. The lease is very vague...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Nick Grewe
How do I be an effective general contractor?
I am based out of Wisconsin and have recently started to invest into realestate. Seeing as how I have background in construction, I obtained my pre-dwelling contractor license and am looking to get fully licensed in a...
Jody Sims
FortuneBuilders? OR FortuneTakers??
[Note: This post was originally a reply to an OP from Columbus, OH talking about having been "Accepted" into the mastery program. I felt it needed to be disseminated wider than that so others can decide for themselves...
Julian Joseph
Buying a House While being in Debt!!
Quick question all!
After being so motivated I’m going to begin reading the necessary books and network best I can in the next couple months. Giving myself until maybe the Fall or Spring of next year to begin!! Want...
Jay Helms
Buy & Holders- Concerned About the Predicted 2017 downturn?
Hello my fellow long-term buy & hold -ers. The more I listen and study (from various sources local & national), the more I hear the experts talking about an upcoming downturn in the market. Some folks have so...
Michael J.
Should I kick them out at the end of the lease???
Good morning Bigger Pockets family,I wanted to ask a question on what should I do with this one specific tenant. This tenant is a mother of 4 that works 2.5 jobs, home schools, and takes care of her family by herself....