Ryan Fortier
3% return on equity - should I sell or hold?
I need advice on whether I should continue to hold onto my investment property or sell and "buy up".Here is the scenario. I own a condo in Brooklyn, NY, which I purchased at the end of 2008 for 940k. Today it is wort...
Jack Tucker
Turned a $52k condo into $6250 in rent / month. Forget 2%, This is an 8.3% PROPERTY!
How to make $6250 rent a month on a condo? Here's how I did it. BANK CALLED ME and I agreed to buy a condo they were about to take back in Athens Georgia near UGA. 3 story, 5 bed, 4 bath with nearly 3000 square feet. ...
Josh Edwards
How can this market continue seeing such highs?
Hey guys,I’m relatively new to BiggerPockets and I am having a hard time understanding our current market conditions. I am from Long Island, New York, last summer due to COVID there was lots of cash buyers entering th...
Francis Dinh
Rate of Return in investment property
Hello,I am in the contract of a house in Rockwall, Texas (Dallas area). I run the rate of return online and this is what I get. Please advice me anything you know, I appreciate that. I am a new guy, this is my first i...
Shaun R.
My first deal... finally
I just completed my first deal after years and years of taking no action. It's not a homerun, but it's my first and I'll take it. I bought a REO from the MLS with a partner. We were originally looking at cheaper con...
Nathan Arceneaux
How to build a RE portfolio while managing a full time job
Hi Guys,I work in Corporate America, typically about 40-50 hours per week plus travel at times. At home we have two small kids. We have little time to invest in real estate, but have managed to build a decent portf...
James H.
203k deal is going very poorly, advice?
I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... I purchased a property for 129k in August of 2018. It was in pretty banged up shape but didn't look outrageo...
Mike Shemp
Need Advice- My sister in law is living with a roommate who is physically abusing her
Hello BP Community,I will try and keep this post as short as I can, but ultimately I'm looking to ask the landlord and legal experts in this community about any advice that can be given to my sister-in-law about the s...
Samantha Soto
Is wholesaling legal in California?
My dad is a real estate attorney. He and I are debating whether or not wholesaling is legal in CA. He is arguing that it should not be done without a broker's license. He says bringing buyers and sellers together i...
Brad Smith
Leave old wiring as it is for the time being
Just bought an older house and have explored rewiring. As was mentioned in another thread, I'm thinking about waiting until winter time to get bids on the work because everyone seems to be swamped in my area (San Mar...