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I currently own 4 properties - three SFHs and a duplex which I recently closed on and am currently moving into. Up until recently, I had purchased each of my properties with the intention of living in them for a coup...
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As a real estate investor it is important to choose a business structure that gives you the maximum asset protection as well as the best tax advantages. Although I can't advise you as to what type of entity you should...
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So, I have a fair amount of experience investing in small multi-unit properties. I currently own a 5 unit, 1 triplex, 8 duplexes, 4 houses a 2 unit office building and I'm closing on a 12 unit apartment complex this w...
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Hello BP!I'm actually not that stuck with my broker and have recently parted ways. However this experience has definitely got me thinking about how to avoid this situation in the future. I've been overseas for sometim...
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Hi All,I have been a biggerpockets member for a number of months now but have yet to introduce myself to the biggerpockets community, so here goes...I am 26 years old and have resided(rent not own) in Philadelphia eve...
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I have a SFR being managed by a property manager. It is currently rented out. I have about $5,000 in the property management account for "cash reserves". Six months PITI (principal, interest, taxes, and insurance) is ...
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In December we closed on a 6-plex that is in an area close to downtown that is currently being revitalized and is showing a lot of promise in becoming a really nice area for young families and young professionals. W...
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“The 2% Rule” seems to be a fast favorite among new investors, and since I’m a tell-it-how-it-is (or at least tell-it-how-I-think-it-is) kind of guy, I figured I’d write a post to call it out.Before I go into why I th...
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Hello everyone,Apologies for the long post but I think it's warranted to see the magnitude of the factually inaccurate appraisal I received recently. I recently dealt with a bank who had approved my loan request throu...
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I am looking for some advice on our situation. Our goal is cash flow passive income with rentals. We are currently living in a single family home that we own free and clear. We are also interested in moving to upgr...