Something that's kind of been tickling the back of my brain for a while.Two common themes of BP, and REI in general:1) "You make money when you BUY real estate, not when you sell. Whatever money you 'earn' when you se...
Any of you ever brokered a jumbo loan for a full time self employed medicinal pot dealer? Who did you use?It's all legal (CA legal, anyways) and on the borrowers tax returns and all that.
Hi Everyone,I am slightly confused by flood insurance, the different tiers, and how that ties into home insurance as a whole.For context: I am looking at a duplex that is currently in the 'highest tier' for a flood zo...
Hi all,
This is my first post on the BP forum!...
I am looking to tie up my first buy and hold deal, but when I do my analysis, I keep getting negative cash flow. I am providing my most recent analysis below. I woul...
Hi everyone, I could use BP's advice. My PM charges me crazy fees for everything. For example, the furnace crapped out, and he arranged to have it replaced (which is fine) but also charged me $200 for bringing 2 heate...
Hi everybody, I am from Texas. I started a 2 year Rental agreement last year. I verbally told the tenant if he keeps up with his payments I will reconsider his rent (rookie mistake) and offer a discount for the 2nd ye...
Last week we closed on our first BRRR multifamily property! We've employed the strategy a few times now, but never on a multi-unit property. In our tight market (Olympia, WA), it's so rare to find a deal anymore, espe...
I'm new to note purchasing, so any help with this situation would be much appreciated.I'm wanting to purchase a note from a man who owner-financed a property he sold. The selling price was $165k with $15k down, and th...
My first Deal: HOW I GOT A HOUSE FOR FREE!!!I began listening to BiggerPockets and attended a "Rich Dad Poor Dad" free seminar in late May of 2016. So with my 2 weeks of podcasts under my belt I started looking at pro...
Whenever a cloud passes overhead in my neighborhood, the "storm chasers" aka roofers start ringing the doorbell saying hail was in the area and they can likely get me approved for a new asphalt-shingle roof and siding...