Jenning Y.
As an Out-Of-State Investor for 9 Years…
Happy New Year!
I am from Houston Metro and have been investing in out of state (OOS, or remote) for about 9 years. I own rental properties in five US states (UT, ID, CA, FL, TX). I started investing in 2012 and inv...
Mike Gehard
New to multi family passive investing
Hello all,I'm looking into my first multi family passive investment and trying to dot all of the i's and cross all of the t's before signing on the dotted line to protect everyone involved.How deeply do I need to dig ...
Lonnie Freeman
BRRR Cash Out $250k Case Study
I am closing on the re-finance on a multifamily in Ohio where we will cash out $250k and I wanted to share my case study with others so they can learn from our mistakes and successes. First, here are the quick numbers...
Account Closed
Wells Fargo Abruptly Closes Lines of Credit - The End Is Near
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
Amy Zemser
Tenant Terrorizes Innocent Landlord, Landlord Seeks Advice on BP!
Hi Friends! I sure could use a piece of smart advice right now. I have a rather nuanced problem. Our home is a two-family, and we have a beautiful one-bedroom apartment at the side, where we have rented to a timely pa...
Anthony Gayden
Am I Out of Line? Negotiating After Inspection
I have a house under contract here in Omaha. I agreed to buy the house as-is with no repairs to be done by the seller. I had a home inspection and discovered a couple of repairs that will cost me a few grand. I had ba...
Diana Pritchard
Educate your Real Estate agent
Hi BP Community,I wanted to share my recent interaction (email exchange) with a real estate agent who was advising me to up my offer price to beat the competition.About 20 days ago, I called an agent about a double (1...
Brian Barnes
DoHardMoney/HML
So I just got off the phone w/ a Rep from dohardmoney. (A HML on biggerpockets site for IL). Has anyone used their service? How was the experience for you? As a new flipper with limited funds, you all know the fru...
Account Closed
Realtors- You won’t read this...
I am considering bringing a realtor onto my team to help homeowners who want to list their property with a realtor do that.
Realtors: If you had an investor who was consistently giving you leads and you were closi...
Joe Au
Good Debt vs Bad Debt
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...