I am new to BP and have been shocked by the amount of useful articles and information being shared here to the point it has basically consumed my life the past couple days, but I am not complaining. Long story short, ...
Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...
I have an tax deferred Inherited IRA with about 95k in it. I am looking to start my buy and hold business and am looking for ideas of how I can use my inherited IRA to invest in real estate without directly withdr...
For those of you who've read Rich Dad Poor Dad, I have a question. Author Robert Kiyosaki advises to own assets, not liabilities. He says that buying your own house is a liability, since cash leaves your pocket each m...
Hello,Having delved into the informative realm of the Bigger Pockets podcast and other materials, I've learned that, optimally, a long-term rental investment might generate a monthly profit of $100-$200 per property. ...
I'm about to buy a property that is a short sale. My question is that I'm still debating whether or not to buy and hold or to flip the home. I already have the math figured out on both ideas, but my question is...
So I'm new to REI but moving quickly to get my business moving. It's going pretty good so far and meeting four sellers next week. One of the first things I did was to attend a nearby REI club meeting. Now I underst...
Good morning. This is a question that I constantly make myself and probably will be a good one to know other people mindsets over when to sell or keep a property using Cap Rate as a guide. So, please let me know, in y...
I am closing on our first long term rental. Any tips or rules to have in place is greatly appreciated!
Hi,
Recently i bought a house. As part of appraisal, appraisal came back with different SQFT than the listing.
House was advertised as 2006 SQFT and tax record / Builder doc shows the same. Appraisal report shows h...