Hey bigger pockets!!!!! I have a native in my hometown who has 20 plus properties. Did I mention that he's only 34. How does he do it? A commercial loan doesn't allow you to purchase that many. Most the homes he's buy...
Howdy fellow BP members !My name is Jinwoo. I am working as a game developer in Bellevue,WA. I was reading the forum posts for a while, learned a lot and finally decided to join in.As for real estate experience, pur...
I believe you do your own management and maintenance. How does that affect your expense ratio? Does that take it down to 40 or 35% on average??
Also, is there any maintenance/repairs/improvements that you never do yo...
I've had a property insured with American Modern for a number of years. In fact, most of my properties are insured by American Modern.
At a recent renewal for one of my properties, I got a cancellation notice from A...
Hi, I recently bought a free-and-clear house at the local tax auction for $25K, When I claimed it, the former owner had left everything in place and it needed a cleanout. So my guys were down to the basement and looke...
My wife hates our CPA. We don't get much advice, he's disorganized, and the last straw was him sending out a group email to 200+ clients exposing everyone's contacts! That's like a 1998 internet mistake. I would never...
In listening to podcasts (famous four questions), the question is asked why do some succeed while others fall to the wayside. The answer in most cases is perseverance. Keeping your hand at the plow and going forward....
My wife and I are trying to find our first rehab. We have done tons of research and have 3 realtors working with us. My wife is getting frustrated and wants to immediately go to bandit signs, yellow letters (list sour...
I am 25 with 3 rentals and a home my father lives in.
My first two rentals are kind of "slummy" not a part of town I would live in, but not great.
Property #1 - I paid 12k for one and it rents for 300 (...
Hi All. I'm looking at a couple multifamily properties in Northern Michigan (local to me). They don't seem like good buys, but I'm concerned that I may just have my expense numbers wrong. Below is one of them. Am ...