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This may be a question for people specifically in Washington. One of our tenants was on a 2 year lease option with us but decided to back out before the 2 years was up. The tenant is claiming since he installed 2 new ...
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HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
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Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
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I took the 18 page report released by Trump's committee yesterday and summarized it below.
I hope we can all see the light at the end of the tunnel. It’s not going to be as easy as turning the light switch ba...
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New investor here. I have been walking through a lot of houses and trying to find a winner. I am getting some houses from wholesalers and their numbers seem to be very off. Ex: 130 purchase/50 rehab/240 ARV. I get my...
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I believe the BRRR method is dead or at best on life support! The last decade has been easy for investors to use the BRRR method, but now we need to learn other methods. I've been learning these other methods for ov...
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So Dave Ramsey says that when he interviewed 10,000 millioniares close to none used debt or leverage to get there. So how many of you out there have used leverage, maybe conservatively, to increase you net worth and c...
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Hi BiggerPockets,
I am looking to buy a duplex for $198K plus minimal closing costs. Income is $750 per unit or $1,500 per month. I wanted to get a loan with 25 % down payment. I have already put in a bid for the ...
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Hi guys, Was wondering if I could get your input. Our first out of state investment has been a learning experience for sure. Our PM said we'd need some yard work and house cleaning estimating it to be $800 -$1000. I s...
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Hi folks, I'm interested in buying 1st out of state property since CA is too expensive. Looking to buy SFR or small multifamily (2-4 units). Need financing or I can do HELOC out of my own property. Price range is bett...