Quick question here. If I open an SDIRA, how much of the balance can be used for investing? Can I invest it all and have a zero balance, or will I need to keep a certain amount in reserve?
I have a local property manager and he charges me a flat fee per unit which covers all collections, interactions with tenants, minor repairs, new tenants, and assisting on evictions. How do people normally track expe...
Hi all. My name is Bill and I am very interested in getting into Real Estate investing. Trouble is, I don't have much to start with. My wife has an IRA worht approx 50k. We each have a 401K (I don't think I can u...
Hi Bigger Pockets Family!A investor friend of mine, purchased a 18 unit apt building under lease option with no money down. There are two mortgages that he assumed that total 5500 per month. Each unit is renting for a...
I am in process of buying a condo to help my kid who is unable to afford rent about 2000 per month and she would need for 4 years . She would able to pay half of rent. Condo is about 250,000 . My plan was put 20 per...
A real newbie here. This question is probably asked a lot.
My offer just got accepted on an investment property. Sale price is $200K and I plan on making 25% down payment. Would you use cash or HELOC from primary h...
Are HELOC's a viable way of generating income, wealth, good start to investing? Has anyone experienced going through the process of a HELOC? What do I need to know before I start the process?
Folks-A few weeks ago, I gook out a HELOC against my primary residence to use to buy investment properties. I initially intended to use it to do the BRRRR strategy and repeat this process every 6 months or so. Being...
We bought our primary residence a few years ago. Its our first rental and stays occupied (4yrs) no maintenance issues as it is a newer home with fresh everything and reserves already built up. Should I refinance? Pur...
What's up BP! Super excited to say I'm finally under contract with my first property in Diberville Ms. We have not closed just yet, but things are aligning well. My question is, what is my next step?
With this hous...