Andrew McCotter
If you have CASH, should you use it to finance your deals?
Hi BP Community! First time posting. I'm curious to hear what people think about using your own cash vs going out and getting financing.A little background on myself - I'm 31 years old living in downtown Chicago. I've...
Jordan Budke
Looking for pro advice/mentoring on next steps
I'm located in a rural area of north San Diego County in a town called Fallbrook. My wife of 2.5 years and I were blessed to be able to purchase our 1bd 1bth 729 sqft condo back in 2020 for $220k. The market now has a...
Dalton Beauregard
Minimum Income to start investing???
I'm 18 and my goal is to own 10 units by 26 years old. How much income should I be making to start? I'm going to college for Business Administration Marketing. I'll be done in 3 years. I'll be taking about 20k in loans.
Nichole Gabriel
Estimating Rehab Costs on wholesaling deals?
How can a newbie do this without hiring estimators each time, and making the process cost prohibitive?
Colin Carr
How to determine ARV and rehab value
Hey All! So I have very little background in construction or house repair. I also just bought my first duplex, but am new to the game. So here are two questions that have been bothering me and are making me feel timid...
Dhwani Shah
AMA: Newbie just bought my first investment duplex property
Hey guys. I started on my real estate investment journey exactly a year ago today by reading "Rich Dad Poor Dad" and listening to biggerpocket podcast every day while I worked out. I just closed on my first duplex inv...
Michael Kissel
CapEx killing cash flow analysis
I've been looking for my first rental property in Buffalo, NY area and using the rental property analysis tool from this site to do evaluations. I use estimates of 5% vacancy, 5% repair & maintenance and 10% cape...
Javier Cuevas Santos
Tips on using quick books for self management of rental?
Currently reading Brandon Turner’s book on Rental Property Management. Wanting to manage my first rental myself, budgeting in management so that I can outsource it in the future. In regards to book keeping, what are s...
Paul Vaughan
EMD deposited in escrow- after I called/text “I’m cancelling”
Hello BP people,
I’m juststarting out, Found a house for rehab (Carson Ca). In short, made an offer based on comps yet to be seen physically. I did hand over the EMD with the understanding that I’m going to view the ...
Isiah Ferguson
Tenant inspection at 6 months ????
Hey, I just purchased my 1st rental property a couple months ago. In June it will be 6 months since the tenants have been in place. I would thinking of doing a 6 month inspection at the property. What u guys think out...