Matt Sheridan
Long Time Reader...First Time Poster From Iowa
Hello Bigger Pocket Members!
First off, I would like to thank all of you for all of the wonderful insight and positive help you have given countless people like myself who are just starting out. Your wisdom and knowl...
Joshua D.
What is the WEIRDEST/COOLEST thing you found while rehabbing a house???
Listening to Brandon story about knocking out a wall and a bunch of dirty mags fell out, got me thinking about the weird things you find in houses that we buy. For us: last summer we bought a foreclosure and in the ki...
Ryan Hamaker
Macro economic risks in real estate investing
Hi fellow BP members,I’d like to get everyone’s opinions on the current macro economic risks that may affect real estate investing over the next 2 years. Specifically, I’m referring to the fact the some larger, more ...
Benigno Cunanan
Does the 1% rule really work when a property is financed?
Does an exact 1% rule property really work when your are financing the property? I can’t seem to make it cash flow when I add in cap ex, repairs, prop management and vacancies. Am I doing it wrong? All seem to just br...
Chase Dolan
Detroit Out of State Investing
Hey, I am an agent in Boise, ID and my wife and I want to start investing in the Detroit area. We are wanting to BRRRR most of our portfolio long term, but would also look at flipping some properties to generate some ...
Ellen A.
New investor needs repair advise
I'm new to real estate investing. I have one house that cash flows for $900 a month. I lived it that house for years. I have heard from that tenant twice last year for repairs. So then I was hooked. I bought another...
Dave Friedman
Pay cash? Use home equity loan?
Hi, all. I'm brand-new to this whole thing, and am about to buy a pair of properties that will require a total of $15K work done.Property A needs a new roof and some other work. Probably to the tune of $10K. This work...
Account Closed
Rental
Have a rental where tenant was on month to month section 8. Just gave notice. But she owes me $2500 for an insurance deductible I had to pay. She ran into the garage messed up the brick and a bunch of other stuff. Now...
Yewande Omoteso
Buy or Not Buy to Rent to a Friend?
Hi,A friend of mine who has no credit, but is otherwise very responsible, has requested me to buy a house for her family so she can rent from me. I have no concerns about her integrity and ability to pay, I am concer...
Bob C.
SOLD!
I'm gleeful to report I SOLD my FIRST flip today. Single family, 3/2 raised ranch. Closing was this afternoon.
And... not only did I NOT lose any money on the deal, I actually MADE money... the first time o...