Craig S.
FHA PMI Insurance Rules Are Changing
Hello fellow investors,
I was just informed about some upcoming FHA regulation changes to the way PMI insurance is handled and assessed. Previously and currently, if you had a 30 year loan with a LTV greater than 78%...
Tyler Smiarowski
Do your own accounting or use a CPA?
Just curious on what other investors do for keeping their books. I am a CPA and do my own books and use QuickBooks. Others?
Andrew Halbert
Good places for second property in Southeast MI?
Looking at Buy and Hold # 2. Southeast Michigan market. The area's I'm most interested are St. Claire Shores, Grosse Pointe, etc. I am looking for another 3 and 1 SFR. Mostly I want to stay away from Roseville, Ea...
David Wallace
New investor in Minneapolis
Hello,I am excited to get started in real estate investing. I’ve spent quite some time reading real estate books and listening to the BP podcast. Now I want to transition into learning by doing! I live in the Minneapo...
Duncan Stafford
New to Investing in Detroit
Hi all
My wife and I have just completed our first real estate investment. We bought a SFR here in SD (primary residence) fixed it up, added an ADU which we now rent out and just refinanced.
We are now looking to pu...
Christopher Baldwin
Hi everyone, I'm new to BP!
I'm a Southern California Native, and new to real estate. I happened come across a forum that said I should listen to bigger pockets. I did and wow. I'm really excited to get out of a dead end job and I need some Dire...
Rivy S.
Initial vacancy-- how to classify expenses?
When you first buy a property, and don't find a tenant until after the first couple mortgage payments are due, how do you pay for those expenses? Do you pay those out of your own cash, and consider those payments as p...
Account Closed
How to invest in Real Estate?
Thinking about purchasing an investment property? Real estate has produced many of the world's wealthiest people, so there are plenty of reasons to think that it is a sound investment. Experts agree, however, that as ...
Mack Lengel
Lot Flipping in the Smokies
Investment Info:
Other other investment.
Purchase price: $15,000
Sale price: $873,500
Took a raw lot in a subdivision with great views and packaged it into a turnkey pre-construction short-term renta...
Eddie Sorrell
Tenant Challenges (last month rent and security deposit)
After a recent close on a property, I have been working to collect rent from my tenants and for the most part this has not been a problem, but there is that one...
Situation: current lease expires end of April with r...