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Hey Biggerpockets community,I am looking for my first investment property and in the meantime casually talking to lenders, my CPA, etc to educate myself about legal and financial implications of any moves in advance. ...
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I own and live in a pretty triplex with four rental units, built in 1928. One of my long-term tenants moved out. I installed new hardwood flooring in her unit and restored and shellacked the woodwork with the expectat...
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Can someone tell me if a 2nd lien is stripped in a Chapter 13 bankruptcy, is the now unsecured debt still valid, and can a lien be placed on the person?
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With Thanksgiving arriving next week, we all need to take some time off and enjoy our families during the holidays. Also we need to contemplate exactly what we are thankful for.
I am Thankful for my wife who after I...
I will be investing with two other partners. We have already decided how we will handle the first deal. Partner #1 will provide all funds and be a silent investor for 50% profit/loss. Partner # 2 & 3 will handle e...
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Well hopefully we are rented by this weekend. I have 4 phone vetted renters coming to view one of our rentals this evening. I guess I'm going to just cherry pick who is the best fit. Any tips? We've been using the BP ...
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After reading many books on personal finance, a common recommendation is to keep track of your net worth. I like the idea of this. For me, RE investing is about CASH FLOW to grow and sustain the business and NET WORT...
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I am new to the BRRR approach, but I am very interested in implementing it. I found a bank that would refinance the property after the rehab, but they told me if I were to refinance with them, I would need to put 20%...
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Just went under contract with my first single family 5 BR row. I have some liability questions that I am really concerned about. Yes, I should have taken care of these issues before hand, but with this being an esta...
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We have 4 small rental properties (3 condo units and 1 single family home with minimal landscaping) and we have always managed them ourselves pretty easily. However, we are going overseas for a year and now have to hi...