I was reading "The Book on Flipping Houses" and I am very curious why you wouldn't use cash to fund your flips. I could see financing deals while starting out but if you had enough cash to run the business without bor...
Was a fan of the beta cash flow tracker which can still be accessed via the following link https://www.biggerpockets.com/portfolioWas curious if anyone has located a spreadsheet or something similar to the cash flow t...
Hello BP members,I have a question about using existing equity in a house. Lets say theres a rental house I have, its paid off (no debt on it) and has appreciated nicely. I'm looking to purchase another property in th...
I plan on buying a rental property in Indiana as an Illinois resident. I'm guessing I will need to create an LLC in Indiana?Anything else I should be aware of tax wise, etc?
Hey guys, I’m looking at a 3 unit this afternoon. I only own SFRs, and this place is fully occupied. 1-1bd, 2-2bd. No estoppel available, not much information available. 1 tenant says has a lease, 1 no lease, 1 “think...
According to JLL:Multifamily, will remain resilient to the effects of the COVID-19 outbreak with its more stable, longer-term income profile and defensive investment characteristics"
I tend to agree, though it's hard...
Looking for help analyzing this property. First off, I'm working to get a "feel" of the neighborhood and the structural fitness of the building and I'm not done with that yet. Any pointers on this analysis? Also, is $...
In the past, I have purchased homes and title costs are normally 700-1200$ for homes between 100-250k (California/Missouri/Kansas).For a 420k house (Chicago), I am purchasing they have the total at 3500$, seems like a...
If you've been paying attention over the last week, you've noticed that gold has forged ahead to new levels.
I was wondering what other people think--is this just gold continuing on it's upward (but sometimes halting...
Hey all.I just joined bigger pockets recently. I guess I've been kind of doing this buy and hold rental thing for awhile just with friends in my own personal house. Which its worked well. My job is very seasonal and s...