Joe Latson
Complete Guide to Creating a Scope of Work
A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...
Shiloh Lundahl
Realistically most investors won’t replace all income W/ cashflow
I don’t mean to burst peoples’ bubbles here, but in my opinion, most investors on BiggerPockets won’t get to a place where they can replace all their monthly income with the cash flow of their properties. Some will. B...
Wendell De Guzman
Real Life of a Real Estate Investor
Alright...I am going to post what happens every week in my real estate business. Why? So you will learn from my mistakes as well as get inspired by my successes. I also hope by doing this, BP Nation will help me ac...
Joe Kim
Newbie in LA! [Wholesale or Househack as first investment?]
Hello BP fam! Joe Kim here, a newbie to REI in Los Angeles. I am currently a graphic design teacher, graphic design freelancer, and newly licensed real estate agent. My journey to the world of REI began with my person...
Bill Gulley
HEALTH CARE LAW UPHELD
It's law, the Supreme Court held that the Affordable Care Act (Obamacare) is valied under the taxing authority.
Yes, I know healthcare is one word....
However, states can opt out with the Medicaid portion. Now what?
Mark Gruetzmacher
Quickbooks Question
Hey everyone, I just bought QB and I am trying to get it set up for some properties. Also at the same time I would like to use it for the renters as well. Can it all be in one company file. Searching online I see s...
Art T.
Debt to income ratio with investment property?
I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...
N/A N/A
Debt, Leverage, and Cash
After makeing enough deals where an investor has a substantial sum to utilize, how many pay off all REI Debts and go on a Cash and Carry type of investing. pay cash/no debt invetming?
Mike Kalob
Just Went to NJ Tax Lien Sale.. Not Worth It?
So I went to my first ever NJ Tax Lien Sale couple of weeks back...
ALL of the properties sold at pretty insane premiums.. please see below - tax lien amount on left, premium bid on right..
Tax Lien..............Win...
Noelle Stecher
Looking to Invest in a rental in Waco
Hi. I am looking to buy a rental property in Waco, but I am not too familiar with the area. I have done the neighborhood research online and have a general sense of the neighborhoods, but I am looking for any advice...