I am ready to invest in my first STR. I work full time and the goal is to own 10-15 properties in the next 3-5 years that are completely managed. Chicago is a difficult market for STR. What are the pros and cons of ge...
Hello All!
What is the best way to structure the following rental property deal (all numbers are hypothetical)?:
Purchase price - $70K
Rehab - $20K
Closing costs - $3K
ARV - $120K
Option #1:...
Hi BP...In the news recently, the new administration is trying to re-write the Dodd Frank bill. Forgive my ignorance, but what did the bill do that harmed the REI community? How will the re-write benefit us?________...
Hello BP Nation, Glad to be starting my REI journey. I have 2 situations here and would be delighted to have input on these:1. House Hacking - I have just closed on a new build in Littleton (South-West Denver). The pl...
Ideally I would love to start investing in real estate using the house hacking method. My husband and I are working hard to find a lender that will work with us, however he is self employed and starting flight school ...
I'm looking for an economical way to update the laminate counter tops in a rental property. Has anyone out there installed concrete over laminate? I would love tips, pics or some ideas on the type of contractor who ...
Hello biggerpockets community, So here is my scenario We bought a house last year for 408k after hearing they had lowered the price because it needed some TLC. After buying this home last year , our Cul de sac is no...
Hello!I'm looking to buy a 3-4 unit property in Philly, but having difficulty getting traditional financing due to me starting my own business last year. All lenders are saying I need 2 years of consistent income. I k...
I've been actively managing my own properties for the past 5 years, and recently I've been considering taking on the management for a few other investors in the Denver area. I'm wondering what kinds of insurance you ...
I'm not sure if this is the right forum category for this question, but it seemed most appropriate.I'd like to start a college savings plan for my son and I'm curious if a 529 plan or a ROTH IRA is a better choice. I ...