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Being in a low yield area and confined to a daily job (low yield requires job) brings desire for out of town property. As best as I can gather buy and hold partnerships are problematic.
As an out of state investor w...
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I have bought one property at foreclosure and attended many, many more. I'm trying to understand something though. If your house is valued at $280,000 (and I believe it to be north of $250,00 based on my knowledg...
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The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
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I found this UBS article while doing some research last night. Some folks on BP may benefit from it:What Is "Wealthy"?After reading this and several related articles the consensus seems to be around $5M to be conside...
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Hey Guys,I was looking at the tax records in my area, Houston Texas, and I came across a property in an area that is under going gentrification. The current owner doesn't live there but owes about 8k in taxes from 201...
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How much do you pay a lawyer on the buy side of a transaction? I saw another thread that said they work with lawyers that have $250/hr rates. I've been told $550 and $700 by individual lawyers to close on a property.A...
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I found BiggerPockets about 2 years ago. It has been an amazing time learning so much about real estate investing and hearing all of the incredible stories from amazing investors around the world.In the past 6 months ...
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Nissan announced today that they will sell driverless cars by 2020. What the heck does this have to do with real estate investing? Well, a lot. This will be the biggest driver of change since the Internet.
Th...
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First time landlord here. We just started advertising our rental 3 weeks ago. $1675/month for a 3 bedroom in Garfield NJ. We've gotten a lot of interest, 30 different groups of visitors, of those 8 applicants...We wan...