How do you assess the dollar value for damages on items that are not easy to repair but still have useful life and aren't due for replacement? I'm not talking about normal wear and tear. I'm talking about obviou...
Hey BP Family!Brand new member and brand new to the real estate industry.I am working with a real estate company here in Queens and I wanted to hear the communities thoughts. I am curious if the 70% ARV rule applies t...
Lawyers and REI give the advice to use LLC's to protect properties. And to have separate LLC's (or separate series in series LLC) for each property or at least small groups of properties. I myself have followed this...
Hello all,Introducing myself,Currently just purchased my first home as a 'house hack'. A 3/3 townhouse in a suburban neighborhood of Orlando. The main unit is a 2/2 which I will be living out of, and there is a lofted...
Hello - I am still about a year away from having enough capital to purchase my first investment property. Until then, I have been reading as much as I can on this site. I still do not feel I am to the point where I ca...
I may be investing in 4 plexes in New Braunfels, Texas through Grocapitus.
This is new construction.Issue oneShould I demand that an appraisal be done before accepting the property and base the final price on this...
Howdy! So I got a couple days of free time ahead of me and would like to practice analyzing properties. I have a grasp on what different expenses are, but would like some guidance on how to properly estimate expenses ...
Hello Bigger Pockets team, I want to put you to the test.I want to buy a house with little to no money down, what should I do?With that being said, let me give you my situation. I am a 27 year old W2 employee with a b...
1. Is there a way to automate rent collection?2. What is the best way to handle accounting? (Ex. Quick Books, Excel, etc.)
I found a duplex in a great area of Northern California that is currently for sale and being rented very low (1 unit $2,000/month and 1 unit $1,900/month. I know that area really well and know that I could be getting ...