Axel Meierhoefer
How to create a passive income real estate company
I have been an entrepreneur for several decades and am ready to create my final - hopefully, masterpiece - company. The idea is to develop a business that is a hybrid of the turnkey model, where the majority of the se...
Alex Ng
Handling the Risk and debt
Hi, I've recently bought one property and under contract for my second one. It's been a wild journey, learning as much as I can. As you scale more and have more properties, you also incur more debt. For people who own...
Dan Inness
New construction versus 1% rule
Good evening Bigger Pockets community! First post here. I’m just starting out and live in Wichita KS. I’ve evaluated over 700-800 properties so far and been beat out by cash offers on the few I have been interested in...
Melissa Yatzeck
Help! I have a motivated seller and don't know what to do!
I'm just starting out with real estate investing. I sent out some direct mail letters, and I have someone who called me back who has a property they want to sell! The owner admitted to me that the property needs a lot...
Jake Thomas
$25K property to a $400K Lake House using 1031 exchanges
About 2 years ago I drove by this horribly ugly blue house that I could barely see from the road. I had been reading BP posts about driving for dollars and finding the seller to buy it. After an hour of google searchi...
Ben C.
Architect Quit What Now?
Hello,I had the unlucky misfortune of getting a very tough building inspector on a project I'm working on. The building inspector is asking for specs on what type of bolts should be used to attach the lally column pla...
Andrew Dicks
Question Surrounding Security Deposit
I recently purchased a property in Wisconsin and when I received all the paperwork I did not receive a damage checklist or condition document from the tenants. Now one of the tenants is leaving and left cigarette burn...
Ted Barrett
Mortgage Rates Eating into Cash Flow Under 1% Rule
Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...
Account Closed
City suing landlord for $1.2 million for 'illegal' airBNB rentals
City apparently feeling unheard when landlord and airBNB appear to be dismissive about rental ordinances.http://nypost.com/2017/05/14/city-smacks-landlord-...Here you have landlord suing tenant for $300,000 for illega...
Jason Phu
cash flow or appreciations (in California)
HI everyone, My goal to purchase an investment home now is to keep it long term and eventually it will become my place to retire (goal to retire in the next 10 years). At the moments, I'm looking at 2 properties both ...