Hello,I started reading Set for Life by Scott Trench, great read so far! A big proponent of the book that Scott seems to adhere to is the idea of house hacking. Which essentially seems to be the best way to propel mys...

Hi everyone,I'm relatively new to bigger pockets and the world of REI in general. I'm going to lay out a very rough short-term business plan/set of goals, and would love your input! Please let me know if I'm missing k...

Appeal to BP Nation- I have erred in accepting tenants and seek to cancel a lease before the tenants occupy. I went through my usual screening process which has treated me well for decades and it looks like I missed s...

I have been in contacts with local banks for over 4 months now in hopes of building a partnership that follows the new ARV (Appraised Rental Value) after renovations. Here's some of my observations...1. Banks usually ...

When you select a tenant, does everyone notify all of the other applicants that they are being rejected? Or do you tell applicants when they apply, that you will only notify them if they are approved?

RE investors usually put down what 10-25% and finance the rest when purchasing real estate.Why not do the same in a REIT (or two)? There are some paying dividends of 10%+ right now.Do you make a higher % than that on ...

Bought a house down the CT shore trying to decide if I rent it myself (via VRBO ABNB) or give it to an agent who has area expertise (and multiple rentals).  This is my first year owning the house, high demand area. Lo...

I have an issue, and I'm looking for opinions on how to deal with it.I have a property in Texas that is being managed through a PM. That PM emailed me at the end of last week to inform me the tenant is going to be mov...

Hi BP members,My business partner and I, @Sean Edward O'Brien , recently purchased a buy and hold duplex in Kansas City, MO. The cash flow is "great" and the property easily satisfies the ever-so-important 1% rule. ...

Hello BP! I'm seeking input from a CPA or tax professional that might be able to help me regarding claiming expenses on an investment property. I'd like to know how much I can expect to receive back from taxes after c...