Kassie Carrell
My rental property is worth 120K. Profit?
I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
Konrad Lightner
Ben Leybovich says that making down-payments is not smart – thoughts?
Ben's latest article suggested this and he thought it would be a good forum post to check out what other people think. Check out his article, it's a good read. http://www.biggerpockets.com/renewsblog/2014/09/02...Se...
David C.
It seems like everyone is a Multifamily guru these days.......
Fellow BP-ers,I have been in the short term vacation rental and SF long term rental business for 10 years now, and am entering the multifamily side of REI in an effort to scale and expand my business. I have read a m...
Alan Curry
High Earning W2 people, what is your strategy?
Hello BP!I tried searching on the forum for someone in a similar situation, but I didn't find much. My life story starts when I got a degree in Mechanical Engineering and an MBA in Finance so I would have a resume tha...
Alex Scattareggia
Any Insight/ Unexpected Scenarios on a potential Boutique Hotel purchase.
I apologize for the length of this post up front. There is a lot of info to unpack, and I am really looking for some help from folks with experience in a property of this size. This is a property that I have been int...
Cody Barrett
Why I filed for a LLC. Only own 1 property too.
One popular question on BP is the question of "should I file for a LLC" or "Do I need one?"I definitely do not have that answer because everyones intentions, needs, and goals are different. But... I decided to file f...
Bethany Davis
DoHardMoney.com user review?
Has anyone here used DoHardMoney.com as a hard money lender? They're listed in the directory here on BP but I wanted to see if anyone who has used them could share their experiences with them. Thanks!
Nemi W.
Results of 1st visit to Courthouse for Probate Leads
I'm excited about taking the first step and figured I'd share!!
Upon walking in and asking for open probate files, I expected a confused look, a "well you can't have them because...", or a "be more specific". Intere...
Ryan R.
Buying 2nd investment property..
My question is about the 20% down for obtaining my second investment property. I have the cash, but I don't believe it to be wise to put down 20% if I am purchasing a property that already has 20% equity.
My current...
Account Closed
Would you partner with this investor? I’m nervous.
He is an experienced investor who I’ve wanted to partner with for a while. He seems to be very successful. He is asking for $100,000 Hard cashup front. Looks like return is 8% cash on cash. I need guidance. These are ...