Well, both tenants (married couple) are now unemployed and claim they have no income to pay rent. The locality is a seasonal resort area, thus employment opportunities are challenging this time of year. Thoughts on ...
Hi, i am completely new to this and want to start by investing using the BRRR method, i live in Miami but 8 am planning to start in Orlando or Indi, start buying properties below the 100k.
Since last year i have be...
Hello BP family!My name is Andres and I am a 23 year old realtor in MA&NH. I have been in the business for just over 2 years and am currently seeking my first investment. I am hesitant with buy and flips given the...
I'm currently reading up on house hacking and how to analyze deals. I've read from multiple sources that you should save apart of your monthly cashflow for reserves in case of vacancies, repairs, emergencies, etc. My ...
I have been researching different markets around the country. Most will be quick to reccommend TX, AZ, FL, and CA.
As far as cash flow goes I don't see anything in those areas resembling the type of cash achievable i...
We have about $170k in “bad” debt and our DTR is almost 50%. We are about to get $150k in cash from a business sale. Should we pay off debt or invest? I’m thinking pay off enough debt to get us to 30% DTR then invest ...
Hey Bigger-Rocketeers. In 24 hours my wife and daughter and I will role into our vacation rental in the Outer Banks. Reading Willpower Doesn't Work ahead of time and remembering @Brandon Turner's 3 day fast from his p...
Hello Bigger Pockets Family!
Just wondering, if you are a new investor buying a rental property and you have an equity from your personal home, which one would you use for a DP? HELOC, Home Equity Loan, or your savi...
I'm looking to fix and flip or buy rentals but have very little capital, about $1K. I've started doing my own marketing and connecting with wholesalers to find deals and a few have come my way but every time an opport...
Good Morning BP Family,I currently own 1 tri-plex and i have a couple offers on the table for a few more small 2-4 unit multi-families. I've been mulling a this question over in my head for a few days and wanted to ge...