Hello! I know traditional property managers in Michigan need a broker's license (or to be an agent under someone w/ their broker's license) to manage other people properties. But does this also apply to managing STR's...
Hi BP, my name is Sherron and I'm ready to take on my first real estate investment. After years of being a renter, I decided that I was ready to purchase my first house. At the end of last year, I started scaling b...
What are the average prices you all are paying for duplexes? Also how do you fund this? I’m new to real estate and I really want to purchase a duplex in New Orleans where I currently live but I don’t know the first st...
I just want to be sure I'm using the 50% rule correctly.
I'm looking at a property, I estimate the property will produce $650 per month in rent.
So the 50% rule assumes that expenses such as maintenance and vacancy ...
Hey guys,I'm renting a property in Chicago that I intend to sell, and due to tax considerations I will likely need to end the lease a month earlier than our contract requires. I've gone through my lease (it's a standa...
Hi! I joined BP a few years ago; but, I haven't really done a great job of taking advantage of the forums and the content that is available here! I listen to all of the podcasts (Bigger Pockets, Real Estate Rookie, On...
do I have to put a down payment down or earnest money? My plan is to get the deal and assign the deal ASAP. An example I fax a realtor and get them to agree to a deal of 150k on a 200k sale. Do I send them an assignme...
My wife and I are planning on building a dadu on our 5 acre property near Spokane wa and I’ve been trying to educate myself on all the possibilities and issues. When I break it down we will have 2 houses and we could ...
Hello, Looking for rental properties to purchase outside California. Any experience working with a professional company that arranges such rental properties for investors ? Specifically, looking for a professional com...
Hi. I am looking at mobile homes to invest in as rental properties. Specifically, I'm just looking at one for right now, and then I plan to move up to SFH. My questions are:Am I looking at comps the same way I would b...