I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc.  My realtor was r...

I wanted to add another question regarding BRRRR that I can't seem to find the answer to.  I called 5 portfolio lenders and all of them say that there is 6-12 month seasoning requirement for re-finance to use After Re...

Hi Everyone!My Name is John and I live in Greenville, South Carolina. I am brand new to REI with an open sponge like mind and an endless amount to learn. I am looking to start purchasing properties in the Upstate area...

Hi BP Nation-
I’m considering adding some short term rentals to my portfolio in areas that I’d enjoy spending time in.  One of the benefits of COVID, is much greater geographic flexibility for work.  I love the outdo...

Who else has had to deal with this new program? Here is my latest experience. I have a SFR, which I purchased for $14K, 15 months ago, it was a REO. I am pulling some cash out and had to have it appraised. My broker h...

Hello BP,I am beginning the process for the purchase of my first Multi family investment to kick off my goal of reaching 8k in cash flow/ month. I have calculated that at $250 Net Cash flow / unit I will need 32 units...

Ok, let me say I'm really asking because I'm bored today with sheltering in place! But I've been for some reason seeing the phrase "heavy hitters" popping up more than I remember on BP, referring to a particular group...

Hi! I'm pretty new to the forums, so I thought I'd introduce myself and see what happens. My names JT Marting, and I've been interested in F.I.R.E. community for a few years now. After spending a year or so learning h...

Is there ONE person out there who has only purchased properties for around $30k, rents them for $700 or less a month and has been successful long term and can prove it with the numbers? 

I have been listening to podcasts and youtubes and I keep hearing people say that investors should not own their own home, they should rent.  Can someone please explain the logic behind this.  I have 55% equity in my ...