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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...
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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:...
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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?________...
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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 ...
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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 ...
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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...
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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...
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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 ...
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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 ...