Don Konipol
10 Most Common Incorrect Beliefs by Inexperienced RE Investors
Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
Cesar Perini
WWhat’s the advantage of buying with all cash?
For my first investment out of state...Originally I wanted to finance multiple homes but I feel I can get a better deal by offering an all cash offer. I can always refi up to 75% after I get the home and reuse the 75%...
Mark Forest
Syndication capital calls
Why is my syndication asking for capital calls? Are any of you experiencing this?
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
Hi,
I have two houses that I purchased from Memphis Investment Properties (M.I.P.) who still manage them. Property one is a 3 bdrm 2 bath with a garage that rents for $1,350 and property two is a 3 bdrm 1 bath, driv...
Kevin Collins
REI Nation Experience
I know there has been a lot posted about REI or Memphis Invest. I thought I'd post about my experience. I've researched them for years. What I found useful was that they seemed to have a high number of investors th...
Clara Tang
Big headache - tenant won't move after lease expired
She told us she would not renew the lease in Jun as she bought a house and would close in July. However, on July 30th, she said her closing date was postponed to Aug 9th and she wanted to stay until Aug 10th.We found...
Chris Levarek
Is Rent Control a Necessary "Evil"?
Three states passed state-wide rent control laws in 2019, California, Oregon and New York. Other cities such as New York, San Francisco and Washington D.C. have had rent control policies in place for decades.
"Over t...
Stephen Bagnani
How Much Cashflow To Expect? FHA, Hacked MFH. Riverside County CA
Okay I am doing research on getting my first deal. I want to set up auto notifications with some real estate agents. Tell me if this is wrong.Hello Realtor X, Please notify me of all XX-plexes that come into the marke...
Bryan Gambina
Getting extremely frustrated with contractor quotes
Hello all, I am new to Bigger Pockets, but I've been involved in a rehab for over 3 years now. I'm in a 1,800 sqft SFH rancher. I gutted half my home and put an addition on, and as I tore everything apart, it becam...
Alexander Churchill
Should I pay off my property
What’s up BP,I’m 24 (25 next month) just closed on my second buy and hold multiunit rental last month.Around this time next year I’ll almost certainly be in a position to pay either property off while stillmaintaining...