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Hi All,
I purchased a 2 family house that I am living in. I have 200k equity in the house, 450k purchase price and the tenant is covering all but about $600 per month in living costs including utilities. I wa...
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My husband and I are getting into buy and hold real estate investing and are planning on BRRRRing properties. The renting market is in an incredibly high demand in our area, but we are in a small town. When talking t...
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I only have 40k to get started on my first brrrr. So, if I put down 20% on a 230k property, that's it. I've blown my wad in a down payment. How do I move on to the next property with no more capital to invest?
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What are you seeing the market like for development infrastructure loans and/or vertical construction loans right now? Are lenders offering partial recourse loans? If so, on what terms?
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How does one account for seller concessions from the HUD-1? Is that amount subtracted from the basis, or is that money allocated proportionally to each item in the closing costs it covered?Also, if there is a Lender ...
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Hello Everyone,
I’m thrilled to share an exciting project currently under development in Washington, which boasts significant rental income potential. Thanks to a successful reward crowdfunding campaign, we have rais...
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This is my first BiggerPockets post as a new investor. I am curious, what types of accounts/investments are people using for maintenance/repair funds and/or rent deposits? Are there any rules of thumb in terms of perc...
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So this is a total newbie question but how do you guys handle your reserves? On a rental that’s renting 1500 a month and saving 15% ($225, 5% capex, 5% maintenance, 5% vacancy) it just seems low to me. Am I just being...
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BP,Before I get into this, this scenario and the numbers are hypothetical, though based on numbers I've seen in a market. Assuming the following deal as a BRRRR for buy and hold:ARV (Based on CMA): $105,000All In Inve...
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Does your property manager pay property taxes and mortgage on your behalf?All rental property expenses paid through the trust account I have with my management company, including property tax and mortgage. I like havi...