Julie Kern
First Deal: SFR or Student Rental?? - Brainstorming
We have a contract on our first deal as of today (see http://www.biggerpockets.com/forums/88/topics/1548... for details).Our original plan was to rent this out as a SFR. But over the last 24 hours, I started wonderin...
Shannon Kiefhaber
Thoughts on Dollar General
I am analyzing a deal to buy a freestanding Dollar General with a 6.3% cap rate and triple net lease with ten years left. I was excited about the deal until I visited the property and saw that there was a Dollar Gener...
Joel Owens
Glad I do not own single family houses!
It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...
Ben Roberts
What would you do with $1,000?
Background...I'm in Memphis Tennessee and I've done a fair amount of research, enough to know that I need to jump in already. I have a little knowledge of my market and a little knowledge of real estate. I have a de...
Bill Mitchell
How fast can you setup an LLC?
I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
Michael Guzik
Buy a car or house first?
Hey guys I'm 19 years old and work for a Real estate property management company in San Antonio. I make 25k a year and have a credit score of 720-725 depending on what score is used. I need to get a new car because m...
Rob Rey
Realtor gets snippy, thinks my offers are too low !
I have recently restarted to look for a property with a new realtor.
I asked the Realtor to put in two offers for me.
One was 80% of the asking price of an IndyMac owned house that was listed for 196,000
The other ...
Corbett Brasington
What's the point of a Realtor with off market deals I find...?
So If I am finding off market deals (driving for dollars), qualifying and closing the leads of which I would buy them and rehab them....what is the role of my realtor? Just contract negotiation?
Alicia Marks
QOTW: What advice would you give your younger self?
If you have not seen the release of Dan Sheeks' new book, "First to a Million", grab it ASAP! He is going to be doing an Ask Me Anything Night in the forums next month that you will not want to miss!
In light of this...
Steven Barr
Can’t find profitable fix and flip
I have been flipping properties for 2-3 years and have done a fair amount of deals. All profitable I have 7 houses for sale right now and having some trouble selling them with this market slowdownMeanwhile, I have bee...