Stephen R.
Estimating purchase currently at Net Operating Loss
I'm looking at picking up a 4 family, 12 BR, 4 BA as a first purchase. It seems the current owner, who inherited the property and seems to know less about valuation than this aspiring investor, has been operating at a...
Vince Beusan
Describe what makes you successful?
Napoleon Hill, "Think And Grow Rich" was a profound book that help change the set of my sail. Just as a ship can change course with the wind, you can change the direction of your life by the setting of your sail.In ...
Account Closed
How do/did you pick and learn your market?
So first off, as a new guy I just have to say THANK YOU to every BP member, I have never learned so much in such a short time!
Second of all, apologies for the long post, I have been reading and listening to ...
Account Closed
Is it really this easy?
I have been listening to some of the podcasts, and I've stumbled upon this financing option for B&H through private lenders. I want to know if I understand this correctly, so please chime in if either I'm right o...
Scott Hollister
How rising gas prices and my father’s death have brought me here.
Hello Bigger Pockets Family,My father’s truck is the reason why I joined bigger pockets. It was given to me after he passed away from a heart attack at the age of 58 in 2012. I’m a teacher in a small rural town in Con...
Kate Murphy
Turnkey condo in Dorchester questions
Hi all- we have recently completely a flip in Dorchester Center. Two units of a three unit building, fully renovated with parking which are listed under 400k each, 3 bed, 1 bath. In three weeks on the market We have r...
Charlie McKenzie
The 2% Rule doesn't work 50% of the time
Ok I have acquired over 120 units of rental property and have used the following rules: 1) Purchase properties in areas that have a geographic Impediment to growth. 2) Don't purchase a property that you wouldn't be w...
Pete Storseth
Buying nonperforming note
If you buy a house from the 1st lien holder, do you inherit the person on the lien?There's a house I may be able to buy from a lender with an interest only loan. The buyer is way behind on payments and cant catch up. ...
Amie D.
Someone contacted me wanting to sell their house
Someone I knew in high school contacted me recently as she is desperate to sell her house, to the point she may just foreclose to be done with it. She asked me if I would or knew anyone who would would be willing t...
Lloyd Segal
Economic Update (Monday, March 15, 2021)
Economic Update
(Monday, March 15, 2021)
Almost exactly one year ago, March 11, 2020, the World Health Organization declared a “Pandemic” for the first time in a hundred years. Look at all that has happened in th...