I've found a property with numbers so good that I'm wondering if I've analyzed the deal incorrectly. I'm a newbie and would really appreciate the feedback! Here's the property: The St. Louis Fourplex (I'm not ready to...
Hi everyone.I’ve been trying to exercise doing neighborhood analysis as I work to refine my investing strategy. As the saying goes, in real estate it’s location location location! So to that end, I’d love to hear from...
I am asked on my rentals if I take Section 8 tenants. I never say no, I always say it depends on the financial numbers. I have never had a Section 8 tenant apply. What has been your experience with Section 8 tenant...
My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...
Hey guys,
I've read some of the BP success stories as well as stories outside of BP. Some of the stories state that they had no money, at all, when they bought their first property. My first thought is that this is ...
Seems challenging getting a real estate agent to provide comps for my property. 1st agent: lsit for $650k, 2nd agent: list for $680k, 3rd agent: list for $750k, and asked "would I consider getting an appraisal". (some...
Owner Termination - Cancellation FeeSomething you never hear about is HOW can an owner terminate a Prop Mgr!. In my case I was fed up with lies and incompetence, and switched to another local Pro mgr company. but I a...
So I've got a controversial topic to throw out to the BP community. On many recent posts I've seen online, I see members of the Financial Independence Community (no BiggerPockets members that I've seen thus far) talk ...
So often people will make plans and write down what they hope to achieve. It can be shown that this is a good way to succeed, but many fail to accomplish their goals.
I hope to use this thread to discuss ways to mak...
I’m looking for a loan to purchase an 5 Unit apartment and came across a lender. He told me I have to pay a $3,600 origination fee for for $180K. I told the lender from Metro Financial Services, INC that I didn’t want...