
3 March 2025 | 2 replies
The transition isn't just about property size; it's about shifting your entire approach.I've observed that successful transitions typically happen when investors have:- Stabilized 5-7 single-family rentals with systems in place- Built relationships with at least 2-3 reliable lenders- Established a maintenance crew that can handle larger projects- Accumulated at least 6 months of operating expenses as reservesI asked a client of mine who owns a 420-unit multi-family in Nevada how he started his RE investment journey, and he told me that he started with a duplex in Buena Park, CA, 40 years ago and used the 1031 exchange to grow his portfolio to 420 units, never paid taxes on sale of any of his properties.The most seamless path I've seen starts with small multi-family (5-10 units) rather than jumping straight to 50+ units.

28 February 2025 | 4 replies
For example, if you set up a Wyoming LLC to hold real estate in Oregon and properly respect these boundaries, the LLC should shield you from a lawsuit brought by a tenant, such as a claim stemming from an injury on the property.

27 February 2025 | 19 replies
Much like a forum on Divorce.

22 February 2025 | 10 replies
I am still somewhat of a novice, but I'm excited to contribute and learn with you all on this platform.

28 February 2025 | 2 replies
Now that same house you could have purchased for say $300K is now $325K+.So if you would have purchased that same home at a higher rate you are paying less versus a lower rate on the higher sale price.

26 February 2025 | 10 replies
Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.

22 February 2025 | 109 replies
Boots on the ground is critical.

8 January 2025 | 33 replies
It would not surprise me if they were acquiring the paper and servicing rights to take an inside line on refi's for these customers if rates decline.Actually CFPB regs may NOT apply if the subject loans are investment or commercial property loans and not SFR owner occupied or consumer loans.

3 March 2025 | 4 replies
Don't spend on flowers too much because your tenant will very likely not take care of them.

3 March 2025 | 1 reply
His position is moving him and were trying to stay in front of it, but I am not leaving our city (two hours away till our last son graduates) so were looking at purchasing a mobile home in a park or to purchase land and put a manufactured home on it.