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hello BPI am considering purchasing a property that is currently a rental. Not sure how the lease is written up between existing Tennant and LL. But I know they are behind on rent.If I buy the property what are my o...
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Hi BPers (and, I hope, helpful lawyers),I have read online that one can secure traditional financing while getting asset protection by getting a traditional residential mortgage in one's own name, putting the title in...
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Does the 70% rule always work out? What other rules are there in flipping?
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Hi, I know there is no user manual for getting started into RE (if there is lmk).I an 21 years old looking to purchase my first property. I have saved up for two years now and am looking for a rental property. Where d...
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...just play third base for the Yankees:
http://ftw.usatoday.com/2013/12/alex-rodriguez-miami-condo-sale-yankees/
I love seeing pro athletes invest their money wisely instead of blowing it all while the...
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If you are spending money sending yellow letters, make sure your answering service doesn't run out of space.I probably get around one yellow letter a week for one of my rentals. I am considering selling it, and am ge...
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I wanted to share this post to first share a brief story of my path from the NFL to Real Estate Investing & Asset Management and share my view on the Three best practices for Asset Management success. I retired in...
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We have been buying multifamily properties for quite a while now. Before acquiring properties we have been doing all the underwriting ourselves. As we are growing, we are entertaining the idea of hiring a third-party ...
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Hi all,I am considering doing a 1031 Exchange of my Duplex Rental Property which has been straight line depreciated for 25 years. with an existing loan of about $250K.1. If I understand correctly, the depreciation cap...
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I just got my Massachusetts real estate salesperson license and i'm hoping to get some feedback from the wise thinker's on biggerpockets.com!! Suggestions to how I should get started?