Hi guys. I want to start working on my blog here in a bit and write some longer, informed answers to commonly asked questions. One of the main questions I find myself answering for hopeful OOS investors over and over ...
I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
Hello,I am newer to biggerpockets and still looking to do my first investment. Rates are just so high right now that it is making it difficult to pull the trigger on anything. I actually do background screening and ...
Hi. In a non-Judicial foreclosure state, will the sheriff knock on the homeowners door and escort the family out of their property? I'm getting conflicting info. Some say yes, and some say no. Does anyone know the pro...
Is it unwise to post details about a loan on the forum to get advice?
I am talking to someone about investing in a property 100% of purchase and rehab. What actions do I need to take to protect my investment?
Apologizes if this has been answered but I couldn't find anything posted. My question is, how do you properly calculate ROI? For Total ROI, is it just the total return in dollars divided by the down payment amount (eq...
Ohk I am scheduled to see a property Saturday and I need help trying to analyze this deal.The owner wants 70k for the property it has a front home 2b 1 bath the back home has 1bed .75 bath the home needs cosmetic upda...
Hello BP community.....I'm looking for guidance and recommendation for best practice in how to account for property equity and principle payments. Currently for tax purposes, I track all mortgage interest etc, however...
Hello BP,
Alot of people talk about Cash Reserves but I haven't seen what that amount actually is. Is it 10k on 100k house 10% of purchase price. Is it the price to fix one huge problem? 5k for the roof so ...