I have been around Bigger Pockets now for about a year and have been involved in the nightly rental business for 14 years. Here on Bigger Pockets I read posts from many people who are concerned about getting into the ...
Hello allI am another newbie here. Thank you sooooo much for all the advice and education you all have provided to someone like me. Here is the situation.-I had one rental property (used to be my primary home) which I...
I just watched this great BP video: The Top 4 Reasons to Never Invest in Turnkey Real Estate ... although he has some goods points, there are situations where turnkey might make sense and I'm wondering what the BP com...
Over the past couple of years we have focused mostly on flipping houses in Arizona. But starting this year, 2017, we are now starting to pick up rental properties that we are turning into lease options. So far we ha...
Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
Hey everyone, I wanted to get some advice on a house flip I have done over the last year in Madison, TN. This was my first flip, that I financed with a hard money loan. The finished house is a 3/2 that now looks reall...
Managing a rental can be as tricky as a high-wire act, especially when it comes to picking the right tenant! A friend of mine, who not only manages but also lives in his triplex, is about to face a vacancy. He's con...
Looking to get feedback from others that have 1031 into DST Delaware Statutory Trust.We have tons of equity, low debt, fully depreciated, and I have been dealing with toilets, trash, and tenants, for 20 years...I ofte...
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...