Michael Bennett
Investing in Class D Markets
I am a new investor in the Tulsa, Oklahoma Market and I have been studying real estate for about 6 months now. My first investment was a partnership on a flip project. We are about two weeks away from completing the r...
Account Closed
New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
Theo Carrazco
Eviction versus Foreclosure, which is worse?
Friends, I came across an ad, on Craigslist that made me think. The ad was of a modern home in a decent area. Of course, the rent was inflated but not by much. The ad listed renter qualifications, and explicitly said...
Michael Hoover
Yes or NO?... Small Portfolio Buyout from tired Landlord- Rural area of MS.
Hello all,
A local landlord in my area has offered me an owner-financed portfolio and I am attempting to decide on moving forward with or running and would love your thoughts. I currently own 18 single-family ...
Christa M.
tenant occupied property/tax deed sale
So today I found a "NOTICE OF TAX DEED SALE" on my front door. I rent a tiny 520 sq ft single family house in a horrible neighborhood -I mean the worst, however it's this house is Heaven to me. After the recession m...
Jain P.
Are there really any cashflow property in Bay Area(CA)?
I was wondering , if I am the only one, having hard time finding 'positive cash flow' property in Bay Area(California). Or is this a fact, and known to everyone? Sorry, i am newbie to biggerpockets, so this question m...
Timothy W.
Your House - Investment or Doodad?
I'm curious to see folk's philosophy on this. I consider my personal residence to be a doodad I live in. Yes, I bought it at about 20-30% fmv but regardless, it is a piece of real estate that garners no cashflow for...
Lee V
FIRST DEAL...WHAT YOU GUYS THINK?
Alright guys....
I got a REO that the banks wants 67k. They will not go lower. It was originally listed at 79k. The home in itself probably needs about 7k of work to bring it to brand new, qui...
Angelo Van
Applying and judging the 1% rule
So i've heard many people talk about the 1% rule. The rule states that the monthly rent should be around 1% of the purchase price. Now I want to say I do understand this is a rule of thumb and I do understand it's no...
Anthony Portugal
Purchasing first rental property under LLC with mortgage
Hello everyone,I've been an off/on lurker here for a couple years and an aspiring rental property investor. After finishing grad school a few years ago and building some capital, I'm finally in a position to potential...