I went to a REI club meeting earlier this week, and the vast majority of the meeting was spent listening to other members' success stories from throughout the year. We were able to hear what other investors have done...
Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...
There has been a lot of talk of people moving out of California. To this effect, the Los Angeles Times has an article that goes by the subject "High taxes be damned, the rich keep moving to California". Has anyone rea...
I called the listing agent on a foreclosure listed at $35k. I told her I'd make an offer (not at $35k). Mine was significantly lower.She told me she'd e-mail me the documents to e-sign. She had everything filled out (...
What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...
Are there any house designers or wannabes here on BP? I'm getting ready to start a couple more homes in my subdivision in South Texas. I have a plan I really like for one of the lots but I want to build on one of my o...
I look up deals all the time in Dallas and I have found properties that can cash flow but renting a home for 1% of the purchase price seems nuts. That would mean you buy a decent place for $100sqft and rent it for $1s...
Hi all!This is a very long and detailed post. Way longer than I anticipated, but I tried to answer all the questions I had prior to starting this process, which was a lot. If any of the info below is incorrect, let ...
I hope I'm posting this in the correct section.
I am going to start a small business with property management. I wan't to focus on single family residential and charge landlords either 10% or 15% of the rent.
I hav...
Hey Everyone, New Investor from beautiful San Francisco, CA.I am a transplant from the North East and loving the California lifestyle! Even if rents are completely obscene here in the city! A little about myself... ...