In December 2017, I purchased what I wanted to be my first rental property. Bought and paid for it with $30k. I have done all of the repairs myself, and intended on having it available for rent in the summer of 2018...
Hi!
I've been doing some research on this topic, but I haven't really been able to find solid information.
I have a property that I lived in for two out of the last 8 years, and because I moved out of the property d...
Hi BP,
I have a dilemma. I am working on finishing up a total remodel of a 4 bedroom, 2500 sq ft house in a great area. I will have around $80k into it total by the end. I am trying to decide whether I want ...
Hello biggerpockets forum! I hope you all give me bigger pockets!
My name is Ryan and I am 29 years old and living with my girlfriend in Tampa Florida and within a month moving to Charleston, SC to start a n...
Hey allI finally bit the bullet and purchased my first place. It is a 3bd/2bath SFH that was ~190k. My monthly payments are $1200 (PITI, Interest is 4.75%) and I will be having 1 roommate pay $500 and the other pay $4...
BP,So I'm listening to Podcast 131 today and I heard the brilliant Serge Sukhat say something that I was hoping to dive into in greater detail. He said that cash flow is essentially dead. Granted, the guys' REI IQ is ...
Hello All!
First, thank you in advance for taking out the time to read this. My partner and I are currently renovating 2/4 units in our fourplex. My role is to keep track of the P&L, budgeting and documenting. I...
So a colleague is absolutely killing it in RE investing. 4/5 years ago he bought a condo cash 200k, used a heloc on it to flip 1 property that year. Year 2 he flipped 3ish properties, year 3 he got an investor who gav...
So I finally sold a home and made a considerable amount of money. I took the money, though not all of it, and bought a number of new properties. How do you go about handing taxes with this type of situation? What k...
Hello,
I used a portion of my HELOC a couple of years ago to invest in a property development. That property won't sell for another couple of years and I messed up and didn't lock in when rates were low and am now pa...