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I have done 5 deals in the last 5 years and it has been a home run every time except for my first out of state property. I purchased a property through a "wholesaler" in AZ. The property looked great but I clearly did...
Hi bigger pockets! First time posting after a couple of months lurking :) My fiancé and I are in contract to buy a 3 story mixed use building in PLG Brooklyn NY which needs a bit of work to get into rentable shape. Th...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $535,000
Cash invested: $12,000
Sale price: $545,000
Purchased a duplex as a house hack in Elizabeth,...
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I'm a huge fan of durable flooring for rentals. (I won't do carpet.) My personal favorite is porcelain tile as it's practically bulletproof and aesthetically acceptable here in Texas. Sometimes, though tile is not a...
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Hey everybody,
I'm facing a new situation. A neighbor's tree fell in July of last year into the back yard of my out-of-state rental property, damaging a small section of chainlink fence. My property manager at the ...
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Hello BP Friends! I'm ready to look at starting an LLC for my properties, but I've heard mixed advice about their necessity and benefits. I would be starting the LLC as a disregarded entity and reporting my profit/los...
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Happy 2018 Ya’ll!The New Year is a great way to make some New Years resolutions towards advancing you're investment goals! I started my first investment with a 4 flat on the northwest side. I used FHA financing and li...
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I am looking to buy a house listed at 250k in a nice neighborhood. It is near Ursinus College which is reputable school, not a party school, so renting out units should be easy for 1 year leases with the potential to ...
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So, I'm looking at HUD's fair market rent for the area I just purchased a property in. It is a few hundred below what my inspector friend [who is also a landlord] told me I could get for the place. What exactly does...