Hello REIs,I am from Corona, CA and totally new to REI. I am planning to start my investment out of state, and I am stumbled upon few newbie questions. Please guide me to be a successful investor. I will keep my quest...
When purchasing a property from a wholesaler who says offers encouraged, what percentage of their posted price should I offer?
I am getting started with BP and it seems like they have pushed the two books- "The Book On Real Estate Flipping" and "The Book On Estimating Rehabbing Costs" repeatedly. I find this interesting as it is the only mate...
My lender would not let me cancel my impound account until my LTV is 80% or less. Their LTV is based on the appraisal from 1.5 years ago (much lower value) rather than current FMV and they wouldn't revalue the propert...
So, after doing some snooping around, I just recently learned that apparently...there’s a chat room?! Check it out:
http://www.biggerpockets.com/chat/
Doesn’t seem very active...at all...but I think it can be if mor...
Curious how many people are atleast 2nd generation multi family investors with atleast 15 units. For myself I am 4th generation. It would be nice to get a forum on the practices that have stood the test of time, up ma...
I am trying to research which states allow a self close. The specific niche I am investigating is vacant land. I came across two websites which tackle the topic, but they provide more detail than perhaps is necessary....
Looking to network with other investors and mentors.
What do you all find as best practice for evaluating the financial solvency of a GC you want to hire? If they can bear the cost in full of materials up front or is there anything else?
So I'm 20. I have good credit for my age, but I just don't have the money to start. I don't know what else I need to start or where to go to start.