Andrew Bailey
Any one owns a turn-key real estate (kris krohn)?
hi, Recently, I found about a turn-key company owned by Kris Krohn and I talked to them on phone. Anyways, I want to know if this a good deal or not. Worse case, I lose thousands of dollars Their main selling part was...
Jacoby Atako
Can I convert a regular tenant to section 8?
So I am in the process of purchasing a home at a big discount to an elderly lady. Part of the agreement I made with her was to lease the house back to her at an extremely reduced price from normal rents. She's 80 year...
Austin Shade
Rent To Retirement How Does It Really Work?
Hi there, My name is Austin I’m new to the Bigger Pockets world and I’m looking to buy my first property this year within the next 6 months if possible. I’m 23 years old I’ve been saving money for a property since I w...
Bill Mitchell
How fast can you setup an LLC?
I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
Terrill Clark
Things You Wish You Would've Known With Your First Apartment
Hey Biggerpockets Family!I've been away for a while just learning what I can while working a shit ton so I can save up for my first property. My plan has shifted from wanting to flip homes when I first started on this...
Therese V.
What is cap rate?
What is a cap rate? Why do I want to know it? How do I determine it? What is a good one?
Eric M.
What is considered Short Payoff Fraud?
BP member Scott Hubbard posted the Freddie Mac link below in another thread but after reading it, I thought it was important enough to highlight it on its own. To me, it was pretty eye-opening as to what Freddie (and...
Michael Ealy
Is "Stupid" Money Chasing Millennials in Your Market?
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
Alex Silang
How do RE empires typically collapse?
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Peter Smith
What to do if your wife is not 100% on board?
Hey guys. My wife and I have been married for 1 year. My wife is someone who takes convincing to take on risks and I understand her concern since my tendency is to pursue things feet first and go after it. She is okay...