Hey folks!We are working on our business plan for growth this year and one area I haven’t been able to find any info on is how people are reinvesting their profits.  We have just closed on our first property that we w...

Hello Everyone!I am in the process of searching for multi-unit buildings in the NY Metro and Long Island, NY area.  I want to put a solid team in place before I actually look to close on a deal.  I am in search of a g...

We are about to lease our current home for $3,100 monthly minus our mortgage, insurance and taxes which equals $1,800. So 3,100- 1,800 = $1,300 cash flow Granted I understand vacant expenses, HOA, maintenance, capital...

How well enforced are the owner occupied preferences for Frannie and Freddie?

What is to stop someone from claiming they would move into the property then change their minds and rehab/rent for the 12 mo no sale peri...

I find that as soon as I learn a script (after 5,000 calls and 400 contacts, for instance), the script tends to stop working. My lead count gets cut in half. Same amount of contacts with 50% fewer leads.
I’ve tried s...

We've been investing since 2020.  Our growth was fast thanks to some great deals and easy lending.  At our peak we were up to 22 doors.  Since then we've pulled back to 12.  We realized that more properties meant more...

Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income. Unless of course, the taxpayer shows material involvement and claims t...

Hi Everyone,I have a question regarding closing costs in Philadelphia. Is there a rule of thumb that everyone goes by here? I have heard 6% but wanted to see the crowd's opinion. Thank you!-Emmett

I thought it was important to share a few tips that would come in handy for those of you who are blogging on the BiggerPockets Member Blogs network. The main reasons most people blog is to get visibility for themselv...

Im currently looking at making a marginal safe investment on a townhouse rental. I assume we will hold it for 5-7 years and at the end of the day, the gained equity will be enough to pay for the closing costs, leaving...