Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
James Sinclair
Wholesaling (Against the Law?)
I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area. I have done two fix and flips and they are a lot of work and a fair amount of risk as well....
Account Closed
Anyone seen Blackrock impact on housing and which areas?
I read an article that Blackrock is buying all the houses and new housing tracts with taxpayer dollars to the tune of over 30k houses per year. Turning them into SFR. They are buying above market. Anyone else know ...
Mike D.
Mortgage Assignment Contract Overview?
I have been inquiring about this new method of real estate investing. Is there anyone here on BP who's familiar with doing Mortgage Assignment Contracts? If so what are the pros and cons? I want to start doing this be...
Joshua Dorkin
Updating the BiggerPockets Influence System
Hey All -
One of our upcoming projects is to update our influence system to one that better reflects a user's influence on the site.
We will be transforming the system from the current limitless influence scale to a...
Mario F.
looming real estate downturn prevent u from buying now?
Hello, I've been on the lookout for my first rental property in the los Angeles market. I may have found one in Tarzana which I put an offer down on but after reading a book called How An Economy Grows And Why It Cras...
Brian Burke
Syndication Investing During a Recession
Investing in real estate during a recession makes many people feel like a long-tailed cat in a room full of rocking chairs. For others, it’s an exciting opportunity.
In my 30 years of real estate investing, I’ve see...
Bill Gulley
Sandy Hook
I'm a gun owner and I own "that" rifle and "those" magazines, but the Sandy Hook incident has changed my mind. It's not just guns, but guns are part of the picture and such needs to be addressed. I had teachers that h...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Eric C.
Selling half a house to a significant other
Here is the situation. My 4 yr girlfriend and I are moving back to an area where I own a house outright. It is currently rented, and my intent if I kept it as a rental was to cash out the equity as it is worth about...