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Hi everyone,So a little background: I'm 10 days away from selling my first real estate flip and looking at about a 150 -200k profit. The short version is I purchased a Single family ranch at auction using 100% hard ...
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Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
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This market is on overdrive. Who is taking chips off the table?
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Hello Everyone! I am just getting into contract in the next few days with a 47 unit multi-family property. The numbers are great, the occupancy is high and the property is well maintained! My questions is this....
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I have a question for my fellow STR specialists. First thought a story! :-)I recently traveled to Omaha NE and found out the Airbnb I was staying at was clearing $50K/ year!!! (It was a SFH with 4beds and 2 baths). I ...
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Since joining Biggerpockets, I've noticed one thing, everyone labels themselves as "investors". That covers a very wide swath. What specifically do you invest in, and what area of the country, or planet? REO's, short ...
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When I first started in real estate investing I had multiple lenders tell me “no, you can’t lend on that”. And I took their word for it. I thought “If one or two say no, then they all must say no”. And that was com...
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What is your biggest problem/mistake/confusion when analyzing a deal?
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I am in my late 40s. I have always dabbled in real-estate and done well. I am approaching it in a much more specific way now. Should be closing on my 6th rental next month. What is the goal number of homes for most of...
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Investor Jim Rogers said "I would not be buying U.S. Real Estate" in a podcast two days ago. He then adds "The Chinese rush to buy U.S. Real Estate is probably a sign of a top in that market." Jim Rogers is a respecte...