Lucas Hunt
Prioritizing Appreciation vs Cash Flow (10/04/2022)
I'm in Dallas investing in my first single family property. Bigger Pockets has groomed me to aim for a 10%-12% COC ROI, 8% at the lowest. Today I submitted an offer that was 95% of the list price and got beat out by a...
Creig Griffin
Hard money loans what is the cost upfront
Are there any upfront cost associated with hard money loans? Are cash reserves required before you can get funded for a hard money loan?
Karolina Aguilar
Can an assoc try to collect HOA dues twice after foreclosure?
Hello! We had a property that was foreclosed on 9 years ago in Illinois and there were unpaid HOA dues. The condo has been sold twice since then and we are certain that the HOA dues have been paid during the first sal...
Will Johnston
Tax Deductible Uses for Extra Funds from Cash Out Refi
I recently did a cash out refi on an investment property to pay off the line of credit I had used for the downpayment on said property.I have about $5k in funds left over, and I'm trying to figure out what to do with ...
Jonathan Farber
What amount reserves to keep in your rental bank accounts?
Hey all, doing some financial planning this week as we are looking to add some properties. Call me old fashion, but I like the idea of having a few months PITI (Principle, interest, tax, insurance). Any good rules o...
Megan Blythe
Looking for my first investment property in Columbus Ohio
Hey BP Community!I have been saving for my first property and have been eyeing Columbus, OH. Are there any investors out there in Columbus that can give me some insights? I will be out there in June and want to do som...
Rich Weese
Can you beat this???
I'm ramping up to maybe start buying at foreclosure sales here in FL. I've now attended 2 . Yesterday, a home I looked at in Cape Coral, FL went to sale. I went unprepared to buy, but had looked at a property and det...
Chris G.
Can You Make Commercial Tenant Change The Sign?
Manage a 4 unit commercial plaza, one tenant is franchise and the sign is very professional, the other tenant has a large window decal that looks professional too, the other tenant however has tinted out the windows s...
Mark K.
SFH or triplex? Hard to decide which is a better deal
I'm supposed to look at a triplex and a single family home soon. I'm trying to analyze both without being inside either one yet. Here are some of the numbers. The Single Family home is 3/1, 992 sq ft, built in 1987. ...
Briana Bean
Quickbooks, how do you label money reserved for future use?
Husband and I own a few rentals and are working towards more. I am learning Quickbooks and want to get things set up right the first time. I feel like I've got a decent Chart of Accounts in place that I have put toget...