Carol W.
How I increased the value of my rental by $255k in 6 months
Hi fellow members,I closed on a 4-plex six months ago, with three units occupied and one unit vacant. Rented out the vacant unit at market price ($2700) on the weekend after closing. I also submitted application for...
Johnny Hastings
New from Central, Wisconsin (Stevens Point)
I put some pretty detailed info in my profile, so I won't reiterate all that here. Suffice it to say I'm into residential rentals, my first purchase was a distressed 12 unit which I have since turned around, and I've ...
Will Barnard
Colleague requests
I get a lot of colleague requests and sometimes, someone will not leave any message, just the request twelfth. When that happens, I click to see their profile from the request before I accept as I want to see who they...
Drew B.
Newbie from Eastern Panhandle of West Virginia
Hi. My name is Drew and I live in Jefferson County, West Virginia.My goal for the past 5 years has been to generate passive income using a buy and hold strategy. While located near Martinsburg, my primary geographic f...
Ryan Robinson
How being a guarantor for a LLC impacts your credit
I'm getting a commercial loan to purchase a property under my LLC. Since this is my first purchase, I'm being asked to list myself and my partner as guarantors. How will this impact our credit?Is there a benefit ( a...
Daniel Mills
Cash out refi buy out - tax repercussions
Hi guys,I know this is a question best asked of my CPA, and I am in the process of contacting him but considering he might not get back to me quickly, I was hoping I could get your ideas here.I own a property in Idaho...
James R Dean
Looking to finance with no money down with private money loan
Hello Biggerpockets family,I have a contract on a 4 plex, and just finished a BRRRR. I have one occupied property and my personal house currently. I have talked with 3 banks and two of them basically told me that sinc...
Daniel Soovajian
What tax professional do I need?
Hello,I'm looking for BP's feedback on what type of tax professional(s) could fit my needs, so that I'm not paying for a professional with all kinds of certifications/education that don't make sense and don't add valu...
James Samsing
Energy Efficient Mortgages
Has anyone worked with a lender who has actually closed an FHA, VA or Conventional Energy Efficient Mortgage? Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to pa...
Nathan Killebrew
Networking with rockstars
In my short time in diving into the world of REI, I've realized the most powerful skill to have is the ability to network. Having an understanding of REI is important, but who you know is more important.I've always be...