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Hi folks. New to Bigger Pockets but not to the whole real estate game. My question is, "how would YOU deal with a 7k, 2 bdrm home in small town USA"? The median price of props is currently 125,000. Would you fix/flip...
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Is a good paying job important to become wealthy in real estate? Or is it more important to buy a good first deal, whatever you can afford and build of if that?Are there any stories where people didn’t have a well pay...
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My wife and I purchased an up down duplex a few years ago for $124k. At the time the basement unit had been renovated up to the sheet rocking phase and the upstairs unit was vacant. We did a facelift on the upstairs u...
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I would love to hear any opinions on whether to show a unit while it's still occupied or wait till it's vacant and already cleaned, repaired and ready to go? Especially, when dealing with an unpredictable current resi...
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Good morning BP. I live in the greater Seattle Area. I'm looking to start my second deal soon before I end my tax season and get back to my full-time job. Listening to the J. Scott podcast on house flipping let's m...
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I just learned about self directed IRAs and am extremely interested in this as an option. I was told that if I buy a house to rehab, that I am not allowed to do any of the work myself. That if has to be done by a lice...
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In my area of TN, the market is HOT. Our experience in REI is limited with one rental and some vacant land. Looking to expand, here's what I'm thinking.... My Grandmother has a trailer (30 yrs old) on a lot, in a sub...
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Hey guys, I am brand new at being a landlord. Just moved my first tenant in last week. To give some background my wife and I recently purchased a duplex and we are living in one unit and renting out the other. I have ...
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We bought our 2 bedroom Apt about 18 months ago, and to our surprise, my wife became pregnant with our second child. In addition, my job role changed requiring me to work more from home, which makes it nearly impossib...
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I wanted to share the story of my first multi-family deal. It's not the best deal ever, but it satisfied the criteria I have set for a good deal, so I went for it.Back story: I've been listening to the BiggerPockets P...