Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Tom Gillotti My plan - looking for critiques
12 August 2018 | 2 replies
So if I start with a duplex or a quad as my first property my goal would be to have a net cash flow of $500I intend to use the "BRRRR" (Buy, Rehab, Rent, Refinance, Repeat) method but have never used this strategy before so I still have a lot to learnIf I only close on two deals starting in 2019 then I will need to find another 20 deals in the remaining four years (2020-2024) that also meet this criteriaBeyond 2024 I plan to continue to scale even more over the next 3-5 years with an end goal of financial independence by ~2030 (meaning that I will not work a "day job" but will passively manage my real estate portfolio)Biggest hurdle: I'm going to be living outside of the US for the next 3 years and will (likely) not be able to physically see any properties that I plan to purchase.
Scott P. Due diligence shows major misrepresentations (seller or broker?)
15 August 2018 | 16 replies
For commercial buildings, we usually use an LOI instead of an offer and it lays out due diligence (i.e. physical inspections, rent audits, T-12) before the P&S is even signed. 
Pragati Soni Looking for my first deal in Atlanta and surrounding areas
20 November 2018 | 9 replies
I want to start investing in Georgia since this is my primary residence and being physically here will help me learn all that I can with my first deal. 
Javier Pinedo How to protect your gained cash asset?
20 September 2018 | 7 replies
Those who are self-employed (wholesaling generally qualifies) can get the additional benefits of the Solo 401k including: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
Josef Roberge Do I Really Need a Local Business License for this?!?
15 August 2018 | 16 replies
Some might require that the business operates regularly within the jurisdiction or have a physical presence there or have employees there. 
Ryan Mosch New to BP and looking at our first property to flip.
15 August 2018 | 11 replies
I started out with sweat equity, moved to the point where it was a contingency plan if something went wrong, and now I am rarely involved the physical side of remodel projects.
Andrew Easton New Investor Starting in the Wilmington, NC Market
29 December 2018 | 23 replies
My skill sets at this point are in the physical labor aspect of rehabbing.
Michael Cheng How will I buy my own house if I invest cash in properties?
16 August 2018 | 18 replies
Of course this advice is totally useless if you decide to physically move out of state ;-)
Brian Tran Audible of BP Store - The Book On Rental Property Investing
8 September 2018 | 1 reply
Hello BP,I highly prefer audiobooks and the ratings are fantastic on audible, but I also don't want to be missing out on any forms/content that will be provided from the digital/physical book version. 
John Wright Is Vermont a bad state to be a landlord?
3 May 2020 | 8 replies
If they're on disability and don't have a job or a large volunteer commitment and they're not obviously physically disabled, get a full confidentiality release of their mental health history so you can determine if you can cope with having them as a tenant.