I just recently signed a new tenant in a unit for a 6month lease. It has been two months and he called today and told me they are buying a house and will be out by the end of february. I'm am unsure if my wording in m...

I believe it's going to be important that I find a good attorney right from the start to help me along the way. The first order of business is to get advice on how to setup my company and other answer other general bu...

Exterior outlets (either electric or hydrogen) to refuel vehicles. Maybe exterior refrigerators and pantries for grocery delivered like the mail. Keyed locks will be replaced with fingerprint recognizing locks and eve...

I have just launched our wholesaling business with my brother/partner, our company name is Ultraviolet Properties. Just after two weeks we got our first contract! So we started marketing to sell the property, we've li...

Hey BP family ! Any CPA’s out there lol  .  I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...

I have one owner occupied home and one rental home. I intend to buy and invest in more rental properties, but I heard that a person can get financing for only up to 4 homes. First of all, is this true? I was also told...

I am currently rehabbing a row home in Reading, PA. The first floor is on street level at the front, but there is a walk out basement with three windows in the back. All three basement windows were covered with v...

Hi everyone, my name is Phillip Hunt.   I joined bigger pockets about a year ago.  I decided I wanted to invest in real estate about twenty years ago and, about four years ago I finally was in position to do so.  I de...

Hello, I am currently in the process of closing on a 3 family home in Elizabeth NJ. I am financing the home using an FHA owner occupied mortgage. Currently 2 of the units are vacant and the 3 unit is occupied by a ten...

I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard ...