Erik Donough
What to do with cash flow?
Forgive me if this has been covered elsewhere. I searched but couldn't find the answer to my specific question.
I'm looking to buy my first rental property with a down payment/closing costs from my primary residence'...
Terry Hall
LLC for rentals?
I currently have 4 rentals, all SFH, in my name excluding my own residence. I have a LLC I started when was trying to purchase a Mobile Home Park last summer. The deal fell apart, but can I use this LLC to my advantag...
Donald Lowe
Alabama tax deed information
I'm in the process of buying a tax deed to a vacant lot over the counter from the State. The lot was acquired by the state in 2016, so I'm assuming it will be a tax deed vs a certificate. The owner is deceased and the...
Lakia Hudson
Property management
Hello biggerpockets family! I am a resident of Baltimore city and house flipping is highly advertised in my city. Some time last year I was obsessed with house flipping formulas and thought I'd try my hand after podca...
Sean Carroll
Where would you put your money?
If you were to buy and hold or implement the BRRRR strategy where would you go? Why would you go there?
Nathan Mount
FHA Financing question
I want to try to secure an FHA Loan for a house hack, multi unit home in Chicago. Ideally a 3 flat, with at least 3 units, but 4 would be better for cash flow, obviously. These are not cheap.I made really good incom...
Henry Washington
Double Close Contracts
I am trying to double close on a property I have under contract. What contract do I use for my potential buyer? Do I use a normal purchase and sale agreement even though I haven’t closed on the property yet? Or is t...
Mike Mitchell
When is a note payment delinquent?
I receive payments on a note which has payments due on the 1st of the month. An investor friend who holds a lot of notes claims that the payment is delinquent if not received by the 2nd. He asserts that the 10 day g...
David Leggett
Real Estate Buying and Selling in the Midst of the Coronavirus
I would love to hear some thoughts on if investors are still buying and actively putting properties on the market, or waiting until all of this blows over. I've had several active buyers wanting to wait for various r...
Lianna Mae Smith
New Orleans Duplex for STR or Corporate Rental
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $375,000
Cash invested: $30,000
Purchased a duplex for owner inhabited STR or corporate rental
Wha...