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What’s everyone take on the BRRRRR method? I think it’s a fantastic idea but I’m beginning to hear more and more investors against it. Shouldn’t be leaving money in your property. 75% LTV or even 80% isn’t enough. Los...
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Hi BP members!This is just my second post and it feels great to have received such good feedback and support.Since I don't usually carry around $100K in cash, my southern California backyard market can seem a little i...
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Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
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I've seen it on both sides so lets settle this here and now.*Slides weapons across the floor* One side says if you offer them options of what you're planning on doing that keeps you in the clear. Something like "Buy...
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I'M TIRED OF HEARING PEOPLE SAY THERE ARE NO GOOD DEALS WHEREVER THEY ARE AT!!!! BULLSH*T!!!! (You hear me @Aaron Mazzrillo azrillo?!)We're in the San Francisco Bay - allegedly one of the most expensive/overpriced mar...
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A lot of aspiring investors who may not have enough capital to do a project by themselves (or simply don't want to dive into investing without the partnership of someone with more experience and knowledge) seem to tak...
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So in October I bought a low income rental in and ok neighborhood. My other rental is in an attractive neighborhood in Minneapolis and has been a breeze.
This low income rental has been quite a bit more work. It’s go...
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Hello BiggerPockets family!Well, it's official. After a lengthy process, I have finally put my first personal residence under contract. It is a 4-unit apartment building, which will allow me to utilize FHA 203k financ...
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Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...