Stephen Dominick
3 out of 5 Americans have no reserves
I just read a WSJ report citing Bankrate a banking analyst, that 3 out of 5 Americans do not have the reserves to withstand the most mundane unexpected expenditure, "The survey found that an unexpected bill would redu...
Scott Turner
Newbie from Bountiful, UT
Howdy. My name is Scott Turner. I'm married, have a bunch of kids and am in my 20th year in my career as a software engineer. I am seriously looking into real estate investing. I'm not yet an investor, but got interes...
Josh Michel
When is the 50% rule inaccurate?
I realize the 50% rule is supposed to be a "rule of thumb" that helps you weed out potential properties before more fully analyzing properties that pass it. My question is, when is the 50% rule fail?For example, if I...
Karen Margrave
PRISONERS ON THE STREETS. CALIFORNIA'S AB109 & PROP 47
The 3 Shastas (Shasta Dam, Shasta Lake, Mt. Shasta) When the market crashed we moved from Redding, CA to southern California, knowing that the crash was unlike any recession we had ever seen. We also knew southern Ca...
Marcus Auerbach
What type of coaching do you want?
Here is a question I am pondering right now and would love to get your thoughts and feedback.We are a small group of investors and kind of the core of the Brew City REI Club around @Rebecca Knox . We all frequently he...
Anthony Smoke
My first Deal after 1 week on BiggerPockets
I received a deal from a wholesaler on BiggerPockets (I gave a reference to the wholesaler). This is a single family home located in Wilmington, NC. The deal was $80K for a 2 bed / 2 bath 1140 sqft property. It has re...
Eddie Ziv
Short sale vs. REO What's better?
Common wisdom may argue that REOs are better deals than short sale. The market have been exhausted, the auction didn't produce results and now the bank is with the back to the wall trying to get rid of the property. W...
Sammie Xiao
What property management company you use for vacation rentals
Hello everybody, I purchased a rental in Los Angeles ( close to Art district ) I want to use it for Airbnb or corporate rentals. I live in San Francisco Bay Area so it makes sense to hire PM. I am curious to know wh...
Bob Jones
Rental Property Flooring
Hi, I bought an old house to use for rental. I found I have hard wood floors under the carpet. The carpet is very old and I will remove it. My question is what can I put on top of the wood floor again?
I don'...
Account Closed
Duplex Analysis
Need some insight from the tried and true movers and shakers here. Carlton Sheets need not apply.
Side-by-side Duplex built in 2006. Market rent of $650/side. Purchase price of $50,000 and max rehab of $3,000. Ba...