Hi BP Community,Here's a random question. I have a TDI Diesel car that VW is buying back for approximately $28K. I am looking for a replacement car. I was thinking it would be nice to use that cash towards another ...
I am working to get my first deal (hoping for a BRRRR) and I am a little confused by the cap rates my wholesalers are sending me. Can someone kinda break it down for me? Much appreciated!
Just want to check how you all do with 3x rule where rents are high.
for eg if rent is 2100 3x is 6300. Do you bend a little to take 2.5X?
Hey!!
So I am a new investor in Toledo, OH. I am just curious about what locals and/or seasoned investor think about it? What title company would you recommend that is "investor" friendly? Any boots on the ground, c...
When I first visited Indianapolis, I had no idea that it would lead to me acquiring a portfolio of properties there one year later. Similarly, my first trip to Atlanta was for a Atlanta Hawks basketball game to celebr...
I have a rental property in Colorado and have created a Colorado LLC to hold it. However, I bought the property under my own name and have a small mortgage under my name. The mortgage company won't let me tranfer itl...
I have 3 doors that generate $3,500/month in rent. My goal is to buy a 4 plex this year. My wife has a W2 job that she makes about 63k/ year. I have a W2 that makes about 80k/ year. We owed about $2,200 in taxes last ...
Hi BiggerPocket,I recently reached out to my lender to ask about using a home equity line of credit as my down payment and reserve funds for purchasing another property and was informed that this is viable however, th...
Hi,
I live in California and have few properties in Texas, planning to invest in other states as well.
I would like to create an LLC for the properties. Creating one in CA is expensive ($800 franchise tax/year) and h...
I have a tenant, who seems to have complaints about the rental unit, when rent is due. Maybe its just a coincidence, but there have been several times when we have received calls, normally minor issues, on or around t...