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This may be a crazy off-base question but just want to get clarification.I rent an apartment in Texas as my personal residence and cover it with a renter's insurance policy. I own a duplex in Oklahoma and I have a ren...
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Hey BiggerPockets Community! I’m really eager to get started investing but, what if I don’t have enough money to get started and what is enough? What should I do to approach this situation? Should I just continue to s...
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Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...
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Hello BP community,I was hoping for some insight regarding budgeting for maintenance, capex, and vacancy for a SFH in Shippensburg, PA. This is my first rental, so I am a newbie. I have read that a popular rule is 5...
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Morning BiggerPockets world.I am currently on the first R and trying to plan my renovation in a way that maximizes my appraisal ( as expected)...I have the opportunity to save about a grand on my rehab by having a use...
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Hi BP, I am curious to know what proof do I need to travel to Utah (from Oregon) to check up on a rental property for the IRS audit of my business trips? I could possibly save down pictures of my texts with the tenant...
I am looking for the best sources of Seed Capital. Some people told me about hard money lenders, but I think it would be better to look at other options. Options that I am considering include forming a group of invest...
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Hello everybody,
Just starting out on BP and starting to lay some groundwork internally to enter REI. That being said, my primary mission right now is saving capital, increasing liquidity and lowering personal overh...
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Should someone starting out purchase a home to live in or an investment property first??? what's your advice on this???? any examples would be very beneficial.
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I would hire a CPA but I'm too small right now to reasonably afford it, so I'm hoping BPers can help.Last year, I successfully executed a 1031 exchange, selling one SFR for $190k and buying two SFRs for $66k and $124k...