Kent McDaniel
I own my home outright...asset or liability?
I have been reading “Rich Dad Poor Dad” for the first time and I have to say...mind blown. I always saw my dad as very financially responsible, coming from a very poor upbringing and making a comfortable life for our ...
Minka Sha
Rent out for a negative cash flow vs sell house at a gain?
Which option would you pick, and WHY?? Also, if you can think of Option C, you are a rock-star! :)So, condo is 2 BR, 2 BA in North Pacific Beach area in San Diego, CA. Great location, walkable to the beach. I bought w...
Stephanie Goodman
Financing rehab - 50 unit apartment complex
I'm considering purchasing a government owned apartment complex that is totally vacant with 50 units. I can buy the property for next to nothing as long as I agree to rehab it, which I'm estimating will cost between 1...
Ryan U.
living off rental income
I would like to know how many people here are living off rental income. The ability to quit your 9 to 5 job and manage properties sounds interesting! If you're doing this, please include how many rentals you current...
Alex Brillantes
I tried using OPIUM to buy a townhome, bank says maybe
Hi all,Newbie from Scarborough (Toronto) here.Now that I've got your attention, no I didn't try to use drugs or drug money ... I tried using Other People's Inactive Underutilized Money; OPIUM for short.Last week, I s...
Rohan J.
I still don't get why Homeowners would sell via Seller-Financing
Hey BP,I've read a lot about the pros and cons about buying rentals through seller-financing, and I'm still unclear on why a seller would be interested in selling his property through this method. I'm trying to better...
Cody Hawkins
New Investor: My plans for 2023
Hello BiggerPockets community my name in Cody, I’m 23 and am just getting into Real Estate Investing. I was introduced to BiggerPockets by a former landlord and have been totally immersed in the Real Estate Rookie Pod...
Javier Rosales
I’m getting cold feet, and getting scared
Hey BP. I’ve had this triplex in escrow for about 4 weeks now. Walk through was good. Inspection report was good, and I was present for it. No major stuff of the property. Everything seems to be running smooth. Only t...
Account Closed
SUPER SHOUTOUT SUCCESS STORY: $6k gross rents in 90 days?!?!
BEFORE WE START: This is not my success story. This is the success story of @Steven Kwan. EVERYONE NEEDS TO READ THISSteven- feel free to chime and and help us out here!***Full disclosure: Steven purchased property th...
Murray Smith
no money down deals
I understand that these type of deals are hard to come by, but happens when you come across not one but two great deals one being a business and the other being a complex which is the main stay of what we do especiall...