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Hello my fellow biggerpocket members,I live in a rather expensive area, Portland, OR in particular, where 1% rule or even a positive cash flow are not possible. I wonder what strategies people in these areas use? Espe...
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Tenant is moving out of paid off property in August. The property was purchased seven years ago for 56k in a C- neighborhood, which is now paid off and worth approximately 170k. Light renovation of the kitchen and sho...
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I'm writing this for my Mom and I'm looking for some unbiased advice here as I don't know too many people yet in the RE investing game. Here's the situation.
She is 71 years old, owns a home in San Diego that can pr...
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Hi all,
I have been investing with a house flipper and wanted to get some advice on best practices on how to proceed.
The flipper collects funds from multiple individuals or LLCs. The flipper is suppose...
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Hello everyone, I have been scavenging through the forums lately looking for some advice on this and listening to a Podcast right now. Question is how does an eager hopefully soon to be investor get into the game wit...
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I'm am curious from those who have succeeded in LOs before, what were your terms? Percent of AP down? Length? Property type? I have been calling leads of properties that range from $150k-$400k and who state they are s...
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I want to start getting into Cooperative Assignments and have read Wendy Patton's book on Lease Options and "Subject-To" Deals. In the chapter dealing with Lease Purchases, she mentions that she networks with Realtors...
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Hey guys/gals,I have officially watched all 301 podcasts and all of BP's books are on the way (hoping to finish them before the end of next month). I have just begun the first steps towards my first multi-unit house h...
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I am trying to get some advice on my situation. I have been flirting with the idea of either renting my house out or selling it for the past year. I have been so scared of making the wrong decision that I have done no...
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I am determining what to do with a townhome I own in Inglewood, CA, and would love some input on my situation.The property has been a rental for me since January 2011 and I've had the same tenant the entire time. She'...