I am new here, and along with the Bigger Pockets guides, I recently read Brandon Turner's "7 Years to 7 Figures." That piece lays out 3 fundamental principles: get a good deal when you buy (20% discount), appreciate ...
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Hi all,
New landlord here again...
So what do you normally do between tenants besides change the locks? I'm talking in an ideal world, where the tenant has left the unit reasonably clean and there are no outstandin...
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This is the actual text regarding the VA Entitlement Restoration:"VA Pamphlet 26-7, RevisedChapter 2: Veteran's Eligibility and EntitlementSection 6. Restoration of Previously Used EntitlementSub b. Special Restoratio...
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So I wanted to explore an idea here, and see if anyone has heard of anyone else doing it. But before I go there, I want to make clear that I'm not ADVOCATING this or any other shady business practices; I'm simply want...
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I fell like there is more to it than just this. I have watched lots of videos on people claming that if you invest $1m dollar into index funds and only take out 4% every year then you will never run out of money. Is t...
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I'm curious about something and I think it can provide some insight to new investors also. Basically if you had an 18 year old who came to you today and expressed interest in RE investing what would you tell them? Th...
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I have a few questions about Self Directed IRA's and was hoping that some of the BP community could help me out a bit. 1) Question's for ME: So, I am in the process of becoming fully self-employed. I currently have 2 ...
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It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
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It seems that the general consensus for a rental property loan would be a 30 year loan, and I used to agree. The idea is that you can use the cash flow to pay the loan if you want to, or use it for a higher returning ...
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Hi BP community! I'm in the process of applying for a HELOC on my primary residence, which is a condo. My plan is to use the money to purchase a multifamily property, move into one of the units and rent the other unit...