Recently, I've been experiencing some confusion as it relates to cash flow, expenses, and the concept of self-sustaining properties.At some indeterminate point in the future, I want to have replaced my monthly w2 inco...
My wife and I are planning on relocating to East Tennessee to live and invest. We don't know much about the region other than what our research churns up (numbers, market forecasts, Google Earth views) and we really n...
Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
Hi everyone!Newbie here. Please be kind. I’ve recently formed an LLC with a partner to flip houses. We’ve purchased our first property and the project is underway. I’m a CPA (originally an auditor, now in consulting),...
I have about $80K equity available in my primary residence. I also have an investment property that was purchased and held in an LLC. The bank is requesting all kinds of documentation on the investment property includ...
Two of my favorite posts on bigger pockets are the Jscotts new construction diary and the pop top. In general, the more focused and detailed things are the more helpful they become to a novice investor (each time you ...
My husband and I, both newbie investors, are about to purchase our first SFR and are approved for the max amount of FHA financing allowed in our state (FL $315K). Our plan is to house-hack by renting out 2 of the 3 be...
As a first investment, would anyone on here consider a BRRRR?In David Greene's BRRRR book, he suggested that it is better to wait and save up for a BRRRR as opposed to the speedier route and just doing a conventional ...
I’m preparing for the FL state real estate exam. This will be a slow transition for me as I’m a full time property manager for a multi family apartment community. My goal the first six months is rebranding and becomin...
Hi everyone I have an issue which I'm not sure how to handle. Late December a third story apartment flooded and messed up our unit which is on the first floor. It was late at night so we had to send a vendor out for t...