Derek Rocco
First Deal Frustration: What did I do wrong?
So here's my situation. Looking for some feedback on what I can do differently next time.I found a multi-unit in a town where I grew up. Five units total, four currently rented. Vacancy rate is low. After getting some...
Owen Dashner
Poof - 2 years of cashflow on 3 houses gone in one day!
Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
Daniel Mills
Appraisal came back $35,000 lower than sales price (Turnkey)
OK. So here is the situation. I was in the process of purchasing a rental property through a Turnkey company that was asking $261,000 that just appraised at $226,000. Of course, I am not paying the original amount an...
Kaylee Walterbach
What 2021 accomplishments are you proud of?
Another chance to be featured in the next issue of BiggerPockets Wealth Magazine! In 50 words or less, let us know: What 2021 accomplishment are you most proud of? It can be real estate-related or anything else that y...
Mark Seery
Best use of large amount of cash
Hello. Newbie...
I have $600,000 in cash. Just sold my primary residence.
Am i better off investing in one property and having a high % of equity or
investing in multiple properties and having a lower % of equity i...
Ricky Cassidy
Investing in Tulum, Mexico
This would clearly be a very risky move, but has anyone considered buying a vacation rental in a vacation based rental market such a Tulum, Mexico? Unlike certain sub markets in the US that are very hot right now due ...
Rich Weese
Latest obama attack
obama received an award as man of the year from the newspapers guild over the weekend. No press was evidently allowed to attend(so much for transparency). Now today, a bill was introduced to allow the failing entities...
Brandon Turner
How did you convince YOUR spouse about real estate's awesomeness?
I'm working on a potential article about this...So, it's rare that two romantic partners discover the awesomeness of real estate at the exact same time. So, if you discovered real estate first, how did you convince yo...
Ryan Dossey
Do you tell your end buyer that you are wholesaling?
I am curious to those of you guys that actively wholesale properties. Do you tell your end buyer that you are wholesaling or use a double close? Do you tell the seller that you are wholesaling their property or simply...
Account Closed
The $30k rental club.......
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...