Gene D.
hold or sell and reinvest
Hello everyone, thanks for taking the time to read this.I have a condo that currently can sell for ~ $700k, originally purchased for ~$500k, 30 yr fixed at 4.625, currently rented for $2,800. All other monthly expens...
Jason Kim
Setting Up LLC Under Different State
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Brandon Sturgill
What % Do You Use for Expenses & Vacancy on a Rental Property?
Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
Account Closed
Turn Key provider advice for 1st purchase
Since December I've ran into a few problems while trying to invest. The biggest problem was me not wanting to invest in California because of our market. I'm now past that and very close to diving into my first purcha...
Kusum Chanrai
Advice for an investor wanting to invest $2MM in MF in 2018
Hi everyone! I'd love some advice. I have $2.2 m to invest on property in the US this year. We just had twins so I need to restrict my travel. I'm based in San Francisco, and so investing locally is out. I initially w...
Timothy Hero
What Will You Be Doing if the Market Crashes?
Obviously only the stock market is currently being effected with the coronavirus, but lets assume in the near future the real estate market starts to feel the impact or we experience another 2008. I'm curious to hear ...
Jon Lallande
Out of state investing or move to a better market?
Hi everyone,I’m a newbie to real estate investing. I’m trying to decide between investing out of state in turnkey properties or moving to an area with a better market for RE investing. I’m active duty military right n...
Judy Wang
Is there any city can meet 1% rule now?
Hi BP community,I am looking for property investment opportunities that can meet 1% rule. Based on my conversations with several agents in TX, FL and CA, the housing markets there are very crazy. Hardly can find 1% re...
Logan Allec
$45k in Roth, I can no longer make contributions...how to invest?
So I've been sitting on $45k of cash in my Roth for some time now, and I can no longer make contributions due to IRS limitations. I'm wary of sticking it into the stock market like I did since I graduated college in ...
David Cohen
If I'm cash-flowing why does Bigger Pockets make me feel like I failed?
I just joined Bigger Pockets. I'm a buy and hold landlord with 6 properties in a middle class area of Atlanta. All are rented and rents are all $500 above PITI. So, though there's been some repairs, for the most part ...