Alex Simon
Refinancing Under Value
Question. I have a four-plex that I pretty much stole, and that I currently own in cash. I paid $200,000 for the asset, invested about $50,000 on the rehab, and was able to take the rents from $2,000/Month to $3,600...
Helen Lowery
The long view: selling
I currently have 1 rental and am working on a second deal. My plan is to continue buying and managing the props, with the goal of finding my children's college education and to support aging parents. However, after ...
David Gwilt
Single Owner S-Corp - Employment Tax Questions
My wife just recently formed a corporation in CA and elected S-Corp status with the IRS (via form 2553). I spent time on the phone with the CA FTB and Employment Development Department, and am still struggling to fin...
Atul Mohlajee
Bought a 5 unit storefront in Rogers Park
Just bought a 5 unit storefronts in Rogers Park, IL. Property is cash flowing some although it was zero down payment with 100% financed as a commercial bank loan.It is good to be part of Bigger pockets for advice, ju...
Lydia Ojuka Riley
How did you find labor
So I’m pre - pulling the trigger, but I do have the ability to find quickly once I decide on a home.
I’m getting concerned about the labor part.
Am I being overly simplistic to think I could - between Home Depot la...
Joe Davalos
Direct mail and the thanksgiving weekend
I am wondering if timing on Direct mail makes a difference right before or after the long weekend for thanksgiving
I am ready to send about 4000 mailings would hate to have a bust if I time it wrong.
Perhaps @Ray ...
Ken Nyczaj
New member from Annapolis, MD
Hello everyone, My names Ken Nyczaj (pronounced Niche-I) and I'm a 29 year old from the Annapolis, MD region. I've lived in the state of Maryland most of my life. The beginning of last month I was introduced to Bigger...
Kenneth Cowan
Goal Attained: 50% savings rate in 2 years
Call this a humble brag if you'd like, but I wanted to share our story and hope it can inspire more to do the same as we did. Plus, we should all take a moment in our journeys and celebrate the achievements, even if t...
Rocky Griffin
Going to Jail and need advice!
I have two rehabs going on side by side. My main contractor doesn't have the resources to complete both projects at the same time. This forced me to hire a second guy. Initial conversations went really well. He was a ...
Taye N.
Need Money For a FLIP using another house for collateral
So I found a property that I would like to buy and flip the price is 1m. I don't have the cash to buy it. My partner has a home that is paid off and want to use the equity to purchase this home to flip.The house is wo...