Richard Davis
Emotional Gut Check for a Rookie Real Estate Investor
So, I just started listening to the podcasts BiggerPockets and Real Estate Rookies to and from work and any time I am in the car. I read Rich Dad, Poor Dad. Now reading The Multi-Family Millionaire Volume 1. I am abou...
Lydia DeAngelo
Lender Verbiage Legitimate?
Hello, I have been reaching out to some ads I've seen about a loan. We are hoping to find something that will cover us quickly for about $30k at ideally between 3 - 5 year terms, not less than 2. I've gotten some resp...
Jimmy NA
Good deal?
I can buy direct from an owner a 3 family at 155K. Here are the rents, $800, $750, $550. All rents without utilities. Taxes $350 per month. Estimate on insurance $150 per month. Not sure about maintenance, snow, lawn...
James You
Newbie from Los Angeles ready to start REI
Hello everyone! My name is James (Kee June), and I'm from Los Angeles. I've been working in the government field doing sales/marketing and promoting trades for the past 13 years. "Rich Dad, Poor Dad" by Robert Kiyo...
Alexander Merritt
How Hard Money Loans work in detail
Hello BP!Can someone please explain to me IN DETAIL how Hard Money loans work? I understand that they look at the ARV of a property and then lend you x% of that (usually 70%), but what are the actual steps of getting ...
Thomas Paszko
Hello and Thank You!
Hello Bigger Pocketers!!So we probably came on a bit strong just throwing one of our first deals out there for funding... let's back it up a bit and get to know everyone to do this right! My wife and I have been foll...
Adonte Lipsconb
Buying my first home
Hello Everyone I'm a new investor and looking to buy my first SFH for me and my family. This home will also be my first rental property when I move to North Carolina in about 6 months to a year. Is this a good idea.
Jeff S.
How Do I Start a Management Company?
Broad question, right? Yes, I know. But lets get specific. I'll try to be as concise as possible.I and a partner (Paul) own 6 rental properties. Our company has teamed up with another investor (he owns 35 more with va...
Jason Smith
First investment duplex stories!
So I just purchase my first property, it is a house and a 1/2 duplex, here are the stats, insurance 660/year, taxes 1730/year total rents currently at 775 per month (350 and 425). The purchase price was 30000 with 4...
Zachary C.
No Interest in the Self Employed
Hello,So I'm brand new to REI and in fact cannot truly put the "I" on the end of that acronym yet. So far I have just been researching and trying to take in as much information as possible. I realize that you study al...