There are several rule of thumbs out there. Everyone wants to know when a good time to sell is. I can't remember where I heard this one, but is the 20x rule a "real thing"?If your property value appreciates to over 20...
I purchased a newly built home near Savannah, Georgia in 2008. It came with a termite warranty. However, the warranty is held by a termite and pest control company, who require an annual inspection costing $175 in o...
We need some good advice please. We have a sfr we paid cash for and is worth more than when we bought it. We have a great house we'd love to get but we cannot quite get the down and closing costs right now. If we w...
Hey BP,I am re-focusing my investing from "pigs" to multifamily. I have a goal to analyze 50 deals just to get used to the numbers and where they go. My dilemma is this: when looking at deals I come up with great DSCR...
I hope you can help me with this one. If you can figure out the answer, please tell me how you got there. :/Mr. Jones leased all 12 units in his residential income property for a total monthly rental of $4500. If this...
I've been using the BP calculators. After I get the output, I am trying to reverse calculate these numbers so I can understand where they came from. I have been able to do that for all the calculations below EXCEPT th...
I had a thought that you could potentially use RE to bypass inheritance and gift tax issues. I know that you are only allowed to gift about $12,000 to any one individual, and I know the goverment taxes you when you di...
Hey B.P Family...
I'm currently working on a deal. The seller wants to sell nine condos in Milwaukee, WI, in the Brown Deer Area (nicer side). Each unit for $30,000. All are in good condition and nicely kept. One un...
Hi bigger pockets fam…I’m REALLY new to this as in I joined the forum about a week ago. I have an opportunity I would like to get some perspective on if you wouldn’t mind. I located a new construction 4-plex in an ...
Hello,I am looking for a good attorney located in Texas that can assist me in forming a Series LLC. Any suggestions would be greatly appreciated.