Ronald Perich
401k vs REI - Data tells the story?
The debate on the efficacy of REI investing over a 401(k) has raged for a long time on BiggerPockets. Thanks to a message from @Christopher Throop, I revisited the topic when he let me know a file I used during an ear...
David Lowe
How Accurate Is The 2% Rule?
I have been reading about the 2% rule but seriously questioning its accuracy. I got a great deal on a house in a desirable area of Austin for $297k. The rental we are getting is high ($2500) for the area. However, acc...
Cory Ballantyne
Advice for a Newbie with only $5,000
Hello BP people!I'm new to real estate investing but have long loved the of land-lordship, architecture, anything real-estate basically. I've finally decided to start investing in real estate. I'm am currently only ...
Account Closed
Biodiesel
Has anybody here invested in any of the biodiesel production companies that are up and coming? What kind of returns are you seeing? I looked into it before we moved out of Iowa, but never was able to actually make t...
Hasan Powell
Is Connecticut a profitable wholesaling market
Seems like everyone I talk to tells me to just get my first deal and everything will fall into place. I have 5k to invest but I don’t know what marketing tools I should invest in and how do I go about knowing if my ma...
Chris Simmons
Duplex purchase 100% financed - Is this worth it?
I am looking to go from 3 single family units to 9 units total by purchasing these 3 duplexes down the street from 2 of my other rentals. They were listed for sale at $155,000 each and did not sell. He has since can...
Michael Seutin
I am about to complete my 3rd deal, thoughts?
I got this duplex near dallas. Cost me $135.500, tenants are already placed and total rents are $1775 a month. I have seen the property and the tenants, property looks great, tenants take good care of it.
I am put...
John D.
Irrationality of HML rates -- one size fits most?
By way of background, I've bought 8 SFRs in the last 18 months, 4 with conventional loans and the other 4 in cash. These properties are worth approx. $2.5mil, and I owe less then $700k on the mortgages, so net...
Samantha M.
Fulltime Wholesalers: How long did it take you transition to wholesaling Fulltime?
For those of you who created a wholesaling business, how long did it take you to transition from your 9-5 job into working for your own wholesaling business full time?
How long did it take in months/years and how muc...
Mark Maire
Wholesale Process
Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...