Account Closed
Alternate strategy for mitigating risk on investment properties.
I’m curious to find out if their are other BP members who have adopted this kind of strategy. I’ll caveat but saying that I have a few primary goals that are driving this strategy so bare those in mind.Goals:1. Be han...
Erik W.
BRRRR - How do you guys eat?
This question is for the folks who Buy cheap, Rehab fully, Rent, Refi, and Repeat (BRRRR strategy). I want to know how you make it work. Here's an example of what I'm talking about:Purchase price: $10,000Rehab (everyt...
Logan Jorns
Is college worth a real estate investors time?
Hello BP community!
Recently I decided to take this spring semester off from school to take the time and really decide if college / the degree path that I was on was really something that I wanted.
Currently I am ...
Ronald Perich
401k vs REI - Data tells the story?
The debate on the efficacy of REI investing over a 401(k) has raged for a long time on BiggerPockets. Thanks to a message from @Christopher Throop, I revisited the topic when he let me know a file I used during an ear...
Arron Paulino
Advice on Selling Portfolio
I am currently liquidating my portfolio, which formerly held my rentals. I was able to package three of them in one deal, which ended up breaking even/not profitable (A little bummed on this one since I think the buye...
Cole Fleishour
Tenant refusing my entrance of property due to COVID
My current tenants are both medical doctors and refuse to let me inspect my property. They say I can't enter due to state and federal regulations and their professions. I think they could be using COVID as an cover to...
Rick H.
DUE-ON-SALE-O-METER
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
Account Closed
Tenants want to stay, but new tenants already paid deposit.
In Portland, we must give 90 days notice to change rent/terms or renew lease. Tenants' lease ends May 31. March 1, I offered to renew lease for June 1, no rent increase. March 30, they emailed that they didn't want to...
Deanna O.
Diary of foreclosing on a note...
Feb 2019. Just purchased my first distressed note 2 weeks ago, started foreclosure this week. So far so good, and all the paperwork makes sense. Now it's just a waiting game. Won't know what rehab is needed until I g...
Alicia Marks
QOTW: What conditions would make you want to leave RE investing?
Our Question of the Week is again about data. You don't need an economics degree to see that rates and values are rapidly increasing.Read our data expert @Dave Meyer's take on it here" https://www.biggerpockets.com/.....