This may be a long read for some but just wanted to put my story out there just to start something… what I’m not sure yet but let’s see what happens.In mid-2000s, during the subprime market, I began flipping homes in ...
Hey guys,
Wife and I are looking to get started in long term rentals to hold long term. This would be our first rental. We have about 400k HYSA. Ideally looking for something around 200k.
We have previous experienc...
I have been a member of BiggerPockets for a short time here and longer on other sites and on every site I am a member of there is a reoccurring rant with regard to new investors, newbie WS, etc. And I understand where...
A client (buyer) came to me interested in a listed house in the pre-foreclosure process. The listing agent is not local and doesn't impress me as being able to get a short sale done as there are 4 trust deeds on t...
I just went through my first major tenant turnover on a 2000 sf house. It wasn't that bad, just cleaning and minor stuff and finding a new tenant. It took us 15 days total, and I documented the entire process here on ...
For years, there have been claims that short-term rentals take away housing supply from renters and homebuyers and, as a result, inflate rents and home prices in nearby areas. But new data is saying something very, ve...
Heard very mixed things about this topic. Thinking this is the way to go for easy accounting purposes. The idea I've seen and heard is that you create an individual LLC per investment property you own for a couple imp...
Last year I posted a thread “It’s 2018–Whatcha Gonna Do About It?” and it got a lot of great response. So why not do it again? Every year around this time I see threads on BP asking about your goals for the coming n...
I invested 40k in a syndication 2.5 years ago. It was a 18 unit and a few triplexes. We were supposed to get our investment back at refi back in January (year 2)And then cash flow every month after that until they sol...
I am looking to get into doing fix & flips. I currently have 3 rental properties and now want to move on into fix and flip. I have 3 associates / relatives that would be doing my renovations, as I would be finding...