Hello all, hoping for some advice on a recent situation. A tenant I inherited when I bought my place (who pays 50% below market rent, and no security deposit or last month's rent via previous owner) just informed me w...
A few years ago I was approached by a 'friend' who was doing a great biz of charging homeowners a pretty hefty fee in exchange for the info and program to pay off the principle of a home loan and save HUGE bucks of ...
So, there's a new flip show on TV. "Flipping Vegas." The show follows a flipping "expert" bumble his way through rehabs in the Vegas market.
His attitude reminds me of Armando Montelongo. Very angry towards his cont...
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...
Hey guys,My wife and I are getting our single family home ready to be a short term rental. We are in Connecticut and we have contacted Itrip about running the STR. We will be living in the area, so managing it ourselv...
Hello everyone!
I’ve been learning how to analyze properties and I wanted to post on how to do a full, if basic, property analysis. My hope is both to help other investors out by distilling things I've learned while...
Hi I will withhold my name, but I wanted to start a post here with my profile to get some feedback encouragement and constructive suggestions. I am 47 years old and work in a high stress, low job security profession....
My wife and I are currently in the process of flipping a house and we own another. The house we are flipping we paid cash for and are paying cash to rehab it. When the flip is done we will be into it for around 180k...
As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
I'm new to Bigger Pockets and so far absolutely love the site, it's so well laid out and everything has been thought of. The wealth of knowledge from experienced investors that care to take time out of their busy sch...