Michael Goldsmith
Sinkhole Property Investment Experience?
Does anyone have any experience dealing with sinkhole properties, either repaired or unrepaired? I'm new to Florida (about a year and a half), and I moved to Hernando County, not really knowing anything about the are...
Tory Kelliher
First Time Private Lending
Hi, I'm new to biggerpockets and looking for some advice on first time lending. I am thinking about privately lending to a friend who has many years of successful REI experience. One of my concerns is usury laws. I li...
Michael L.
Servicing fees and actual returns
Hi all,Still trying to wrap my head around the basics of note investing. It seems that to calculate actual returns, you need to of course factor in your acquisition costs, but also the servicing costs. FCI charges $1...
Christa Shook
Very First Wholesale Call. Yikes!
I have been reading, listening, writing every piece of information that I can find on wholesaling. I have been researching homes, I have numbers and names. All I have to do is pick up the phone and call. I just have n...
Wendy Black
Asked to give hard money loan
What advice can you give to rental property owners who may give a small hard money loan ($25k?) to a fix & flipper? It would be our first.We met him at an REI. He's got excellent reviews online. He's done a num...
Jordan Williamson
Whats the best way to analyze a "Live-In-Flip"?
I'm looking to buy a "live-in-flip" In which I move into owner occupant and then fix it up over the course of two years and then sell. I'm having a hard time deciding what the best way to analyze the flip would be tho...
Dwight Cook
Initial introduction to tenants?
I’m currently in the process of buying 5 units that are fully rented. I know one of the tenants a little because he was a few years ahead of me in high school but the rest I don’t know. Most of them are his family (3 ...
Nick Shri
Dabbling to purchase from Wholesalers - exp investors chime-in
Hi BPersI am venturing to buy from wholesalers.My goal is to BRRRR.My question -How do I perform due diligence - what are the catches, pitfalls I need to keep an eye on?How do you negotiate with a wholesaler?I am seei...
Ryan Flaherty
Hello Newbie from Pittsburgh, Pa
Hello everyone,My wife and I have always had dreams of getting into real estate. I have been doing my research on getting my real estate license and i see a lot of companies will help you pay for your classes. So I am...
Nicholas P.
Property manager wants me to buy workers comp insurance
I am working on closing on my first rental property in Florida. I've run all the numbers and everything seemed to be going well. The property management company I was going to be working with just sent me a contract t...