Red Peterson
Question on 2% rule of thumb mentioned in podcasts.
Heard it more than once in podcasts that a good rule of thumb is getting a property rented out for 2% of the purchase price. Question: which market is this applicable? Is this only on certain states and expensive prop...
Kyle Johnson
Ditch Arizona and invest in Ohio?
I'm currently pre-approved for up to a 400k loan amount in Arizona. I've been looking at properties and the nicer ones do sell quickly and typically get overbid by others. Although these multifamily properties that I'...
Chris Eley
First Flip in Phoenix Arizona!
Hey BP! I just wanted to share my experience on my first flip in Phoenix, AZ! When I say this is my first flip, this isn't counting the previous live-in flips that I had previously done (which was fantastic for lear...
April Hamm
Help with interest rate?
Hi! I just got preapproved from the lender today for my first rental property! I haven't bought a house since my primary residence in 2007, so this financing part is new to me. It seems like traditional lending is ...
Jamal L.
Well-executed wholesale deals feel like well planned checkmate.
I just wanted to share in my excitement on another wholesale deal closed with my bigger pockets family. I recently closed on a wholesale transaction all by my lonesome. The reason I'm extremely excited about this dea...
Kalid Alogbi
people avoid me because I look different, what should I do ?
Greetings good people , Not every is going to like me or feel comfortable to me . thats normal . but what is not normal is when it is becoming the norm . I contact a seller , he r she replies to me and we agree to me...
Scott Nguyen
Pros and cons of syndication investing
Investing in a syndication sounds like a good idea, put in some money with to own a much more expensive property, and then get returns on it. What are some pros and cons of investing in a syndication?Do any investors ...
Terry Lao
Seattle, San Jose, or Las Vegas - Hottest 3 markets
The 3 hottest real estate markets are #1 Seattle (median SFR $830k), #2 Las Vegas (median SFR $295k, and #3 San Jose (median SFR $1.1M). Based upon the percentage (%) gained year over year. The rankings can flip flop ...
Matthew Thompson
I don't see how this is sustainable
Hello, I just finished "The Book on Rental Property Investing". I enjoyed reading the book, I found it very inspiring and informative and I appreciate how the book shows you real world examples on how you can build yo...
Curtis H.
Does paying mortgage give you equitable interest?
Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...