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The reason why people sell their property is because they are experiencing a problem. The bigger the problem the bigger the motivation and discount. People sell their problem property and never their best properties (...
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Hi Bigger Pockets Community!
I'm thrilled to be a part of a growing real estate community. My name is Evan McClure and I'm a real estate investor eager to learn! I decided recently to diversify and look for differe...
I am new to the real estate investing world (unless you count my over-leveraged primary residence that has been a mediocre rental since I moved out of state 5 years ago). I came across BP a couple of months ago an...
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2015 Laws Affecting Property OwnersThe following bills were signed into law and will took effect on January 1, 2016. All of these measures are likely to have some impact on property owners. This document is intended ...
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I wanted to post this to let others know if they don't already. I found out that I could search my states license web site to find GCs in addition to other types of licensee's (is that right?). I also can search for c...
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Evening Fellow Investors, As I am finishing up @Scott Trench's own Set For Life, I came to a section in the book under "Exploration of Financial Freedom" about The Safe Withdrawal Rate. I thought this section was fas...
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Any suggestions on where to find school district maps?Websites, etc?Thanks, Chris
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Hi all,New Real Estate investor here in the process of starting out.I know that once I own a property any operating expenses, travel etc. are tax deductible but does anyone have any insight into collecting receipts fo...
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I'm looking to acquire 10+ SFR rentals. Let's assume I've accounted for all the following expenses before profit:
MortgageInsurance
Vacancy (5%)
Repairs (5%)
CapEx (10%)City Services (utilities, etc.)Let's assu...
Hi BP. I currently have about 8 rental homes under an LLC. 2 are being rehabbed and do not pass the four point inspection and are vacated. I have contacted several insurance agents for quotes/coverage strategies an...