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Folks - I am in the second part of my journey of investing in Memphis. I closed on a property on Jan 10 in Memphis. Property management has been turned over to Crestcore. The listing is at the following location:http:...
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I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...
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MODERATOR: LET ME TRY AGAIN. IF YOUR POST HERE IS ANY SORT OF AD, NO MATTER HOW SUBTLE, IT WILL BE REMOVED!
MODERATOR: PLEASE POST PICTURES ONLY OF HOUSES YOU'VE PURCHASED INTENDING TO HOLD. DO NOT POST P...
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(Disclaimer: I totally took the formatting of this post from another post by Anton Ivanov that I liked a year back!)
A Little Backstory
I am currently 30, married, no kids, living in Gilbert, AZ and working as a fin...
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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...
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Hi Everyone! I am so excited to have found this amazing resource to help me begin my real estate investing career. I am 26 and currently work in client account management and know this is not where my heart resides. I...
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Hi BP!Just wanted to share one of the most exciting things that "accidentally" happened to me. Back in Sept, 2016 I was just 9 months into real estate investing and I was browsing Zillow for fun as I usually do. Manag...
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I allowed a tenant to have pets (3 small dogs), with a pet deposit of $300. He was the first tenant in a newly renovated unit with refinished wood floors. After several visits in which I found feces on the floor, a gr...
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Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
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The debate on the efficacy of REI investing over a 401(k) has raged for a long time on BiggerPockets. Thanks to a message from @Christopher Throop, I revisited the topic when he let me know a file I used during an ear...