Jeff Sims
What kind of car do you drive?
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Joe Splitrock
I Bought a Short Term Rental Because of COVID
Today we got a little house under contract and it will be our first short term rental. Over the last few months, I have read countless posts on BiggerPockets about how short term rentals have been struggling with canc...
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
I bought a house from Tanner Hester (a New Western agent) in June 2019. There were lots of issues with the house as follows:1) The house was built without a permit2) The house was for the most part sitting on the floo...
Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
Jody Tims
Rent or buy in Santa Cruz ?
Hi there,My buddy and his wife have been renting a great place with a view of the ocean in Aptos, CA near Santa Cruz. They pay about $2,000 in rent and have been there 10 years. They recently tried to build on a plot ...
Diran Deukmajian
Prop 33 - Good or Bad For Landlords?
Can someone explain in simple terms what prop 33 means in California? Does this help me or hurt me? I have an investment property in Los Angeles county, my tenant is paying me on time. Who benefits from this prop?
Mitchell Smith
Training your Tenants
Hey, Bigger Pockets Community!I'm a new investor and just recently rented out my first home. I know how important it is to get your tenant to understand that they shouldn't call you for every small issue. I was wantin...
J Scott
J Scott's Recession Proof Real Estate Investing: Ask Me Anything!
Hey everyone!BP has just released my latest book: RECESSION PROOF REAL ESTATE INVESTING.It is all about how the economy works (starting with the very basics and working up from there), economic cycles and how we as r...
David Friedman
Buy and Hold Investors: Do you know about Opportunity Zones?
Are there any investors out there investing into Opportunity Zones in California?My company submitted several tracts in San Bernardino that were approved by the government and we are now focusing our efforts to buy in...
Brian L.
My Wholesaling Journey-- hopefully this will be a LONG thread.
Hi all,
I am in the process of starting wholesaling. After a previous stint financing a couple real estate projects in '08, I petered out. Recently, I've since decided to focus again, but this time in wholesaling. ...