Roberto Peso
How best to take a loss
Here is my situation. I purchased an investment lot in 1998 for $145,000. I sold it in 2007 for $450,000 and did a 1031 exchange with the proceeds and bought another lot for $475,000 The market naturally has dropped...
John Mitchell
New Investor with an LLC Question
I am new to Bigger Pockets, and excited to connect with the people on here. My wife and I currently have a house and are looking to purchase a rental property to start building our rental portfolio. We live in Dallas ...
Nathan Becker
Putting property in LLC
Hi Bigger Pockets community.
I am purchasing my first rental property (a duplex in Nashville) with my brother. I am currently house hacking a property and planning on moving out and renting out completely. I am curio...
Benjamin Cowles
How do you determine when you'll be able to refinance?
If you get something with owner finance or lease option how do you know when you'll be able to refinance? Is it usually a matter of your overall debt to income ratio and it's length of history? Or is it just the incom...
Brittany Fife
I have a crazy idea, do you think it's right?
My plan is to move out of my single family home in need of renovations and I will live off the grid essentially. I will live in either a camper or tiny house and shower at my family's house. I will have a heat source ...
Jason Haynes
Taking Property Managers Advice with a Grain of Salt...
I'm currently interviewing a few local (Dallas / DFW) property managers. Some have been very helpful with providing feedback on certain neighborhoods / areas. However, I can't help but wonder if they are slightly bias...
Cameron Mehta
Broad Question- SFR Packages vs. Apartments vs. MHP. 300k etc.,
Hi All,I have a fairly broad question looking for insight backed with reasoning from your personal experiences. I am in my early twenties and dropping out of college allowed me to work and save up about 300k. I don't ...
Tyler Hodgson
Bi-Monthly Rent
Hello everyone, I would appreciate some feedback / suggestions:Tenant wants to make rent payments bi-monthly. Current lease states rent of $1775 due on the 1st. They want to pay $887.50 on 1st and 15th. They said they...
Cole O'Dell
What would you do with $200k?
What would you do if you had $200k to invest today? Would you invest in STR, if so, where? Would you try and get a mobile home park? Would you try and do flipping or BRRR? I am looking for creative ways to try and inv...
Mike Dawson
Dissolve LLC or change name?
Hi all. I have a Wyoming LLC I created to buy a specific property. I ultimately did not close. I want to use this LLC but I do not want to keep the name. It will still be doing real estate activities. I have a D&am...