Thomas Houpt
Thoughts on Starting a LLC
Hey Everyone,I am about 6 months out from starting the actual process of hunting down my first deal. I am renting for another 12 months. I would ideally like my first property to be a house hack (looking for a 2-4 uni...
Ronnie Hutchinson
Adding an extra bedroom in a shared house, should I decrease rent
I currently have a 3/2 that I rent by the room. They are two main living rooms, I am thinking about taking one of the living rooms and converting it to a bedroom. Of course by a license contractor with the correct per...
Andrew Merritt
Seller Financing with Mortgage in Place
I'm working on securing an off-market quadruplex from someone in my REIA group. He's got a mortgage on it but is interested in seller financing. As I was discussing it with him, I eventually thought about the mechan...
James Mc Ree
How practical is a cost segregation study for an SFR?
I am reading about cost segregation studies and trying to determine the cost benefit analysis of the various approaches for SFR properties. Here is what I have that I am considering studying:2019 purchase of 3/1 SFR ...
Andres S Menendez
Buying a Duplex converted from a SFH
Greeting I am in the process of looking for a MulTi Family property in the NYC areaI found a house that’s pretty clean and renovated.It has been converted to a 2 Family (it was a SFH initially)I personally haven’t see...
Dan Gandee
7 Things To Consider When It's Time To SCALE!
When scaling a real estate investment business, there are several significant challenges that we had to overcome while getting to the 7 figure mark in holdings and roughly $10K net cash flow. Let me preface this to ev...
James Wise
Exposing more of Bob Prisco's (AKA Bob Stevens) Lies
Recently a prominent marketer of Cleveland rental properties and property management services named Bob Prisco was exposed for being less than honest in his business dealings and posting activity here on BiggerPockets...
Matthew Hicks
Diary of our first Historical Rehab and Company Rebranding
Before I get Started. @Joshua Dorkin
@Karen Margrave suggested that I @mention her, you, Will Barnard, J Scott, and Jon Klaus for a diary that I'm going to do on BiggerPockets for our first venture...
Victor Lau
Would you sacrifice your kids education to fund your investment?
Hey BP members! Just wanted to pick your brains and see what you would do in this situation. Right now my kid goes to a private school and tuition is pretty high, but what they teach is beyond what other catholic pr...
Jessica Marin
Water Damaged Bank Owned Large Brick Chicago Home
Hello, My name is Jess and I am a newer member of BiggerPockets.I am an airline pilot has decided to expand income streams recently. Over the past 2 months I've read some books and been evaluating properties in market...