Danny P.
Do Hard Money Lenders only lend to LLCs?
I’m a new investor trying to get all my ducks in a row in order to purchase my first property. I’m aiming for a BRRRR strategy, so I’ll be starting with a hard money loan and then doing a cash out refinance with a loc...
David Wedemire
Now that we have another run to safety in the Stock Market
We have concern over a Chinese economic slowdown, Greek default, Spain, Portugal, Ireland. A dysfunctional Congress, ineffective economic policy. How are you approaching investors to convince them to trust you and inv...
Ken Yearwood
Discount for 100% cash purchase?
I have heard of instances where investors include a "discount" in their offer/purchase price for purchasing properties with 100% cash.
If this is common practice, what kind of discount are we talking? A percentage? O...
Jeremy Bernard
Reverse Mortgage buy from bank
My Grandma has a reverse mortgage on her house, she is no longer living in it. I don't fully understand how the reverse mortgages work, my dad at this point is about to turn the keys over to the bank. Is it worth purs...
Kavya Veerapaneni
Moving to Danbury, CT – Seeking Advice on House Hacking and Local Strategies
Hi BiggerPockets Community,
I’m relocating to Danbury, CT, from Reading, PA, after accepting a new job. Coming from an area where rents are much lower (a 2-bed, 1-bath, 1,500 sqft rental averages $1,270/month), I was...
Nicholas Jose
Lost rental income: use reserves or insurance?
Good afternoon, BP.When you start out and buy that first duplex (or other multi-family property), would you rather A) save enough in your reserves that you're covered for at least 6-months' worth of lost rent? or B) u...
John Guillory
What are the positives and negatives of wholesaling?
I have recently been learning about wholesale real estate and creative finance and thought that they were amazing ways to get into real estate without needing large amounts of capital on hand or taking out a high inte...
Tychua G.
Advice on Remote Investments - Any seasoned Investors?
Hi Remote Investors! I have been a long time reader of BP and have spent an enormous amount of time reading books and analyzing prospective deals out of state but unable to get clarity on the obtaining the tangible a...
Jake Hutchins
which applicant do I select for my apartment
So I recently purchased my first investment property. It is a duplex and I just finished renovating the downstairs and have it on the market. The area is not bad but also not great (rural town). Thanks to the advice o...
John Public
Rental deductions
Guys,
I am trying to figure out my post-tax cash flow from my pre-tax cash flow and other stats on buy and hold properties. How does it work again? Please correct me if this is wrong:
From the net operating income...