LaQuadra Neal
Market Research in Minneapolis
Hello Bigger Pockets' Investors,I am starting real estate investing as a wholesaler. I am slightly overwhelmed because I hear a lot of seasoned investors say learn your market. I believe it is a vague statement. What ...
Kevin H.
5-plex / 6-plex financing? Rates? Availability?
A few of the properties I've been eyeing recently are 5 and 6 unit setups. Some of these have had all of the units under one roof, and some have consisted of alternative designs (like 2 triplex units on the same lot)...
Deren Huang
Yearly Cost of Being a REALTOR
Hey all,Just wanted to give a frame of reference for those who are thinking about being a real estate agent, whether it is to do "retail" sales or investing here are some of the cost associated to being an agent:I am ...
Colby Wartman
LLC Holdings vs. Personal Holdings
Question for all my loan officers or other experienced investors. I own 3 rental properties, acquiring my 4th in 60 days. Just for context, I used a lender I will never use again (no name lender) and I have used Lower...
Lacey A.
ChatGPT -Use Cases
If you haven't tried ChatGPT yet, it is amazing! I've used it to write listing descriptions, consulted it for ways to address issues with tenants, and most recently used it to create a task list from an inspection rep...
Mark Forest
actual vs replacement cost for old home
In prior posts I have already described how a pipe broke and damaged my beautiful 1930s classic style rental. I was told I should have paid for.replacement value instead of actual value by some members here. My Allsta...
John Nail
Creating a LLC, renting to myself
If I buy a duplex and live in one side, can I create an LLC to control and protect both sides?
Basically I want both rent payments to go to the LLC to pay off the mortgage faster. I figure if I have to rent an apart...
William Graves
Methods to determining ARV
Hey everyone!I’m currently reading The Book on Estimating Rehab Costs, and it’s been a great read so far!I’m trying to learn the process, and my next step is learning good ways to estimate the after rehab value or ARV...
Nhi Nguyen
Marketing a SFH with attached ADU
Hello BP. Hope all are pocketing your big pockets nicely for the new year. 😁We’re marketing our new purchase in the Bay Area (CA) for rent and have some questions about wording the description. It’s a SFH and previou...
Tarrence Gordwin
No money to start investing
Hello again. I am a local real estate agent with no money no credit and I work at a 9-5 job part time. How can I get out of this constant pay check to pay check life style without credit or a good source of income. I ...