Account Closed
Do you know where you are personally?
How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.
A personal balance sheet is slightly different than a business balance sheet.
Major Elemen...
Sandra Holt
Just Bought Rental #2!
I am fairly new to BP but just wanted to share that my offer on investment property number 2 was just accepted today! I haven't closed yet and I know I'm counting my chickens too soon, but I'm excited to have jumped ...
Angela Persico
Inexperienced landord, in over my head
This is my first time being a landlord and it's safe to say I'm not very good at it (yet). I came across Bigger Pockets a few months ago and am now seriously considering pursuing REI, but realize I need to change how ...
Pete Edmonson
Analyzing a 50-unit apartment- "The 1% Rule" ?
I have an opportunity to purchase a 50 unit apartment, along with 7 other SFR properties (14 doors total for those) from a retired old-school RE investor. He keeps telling me that he used to buy his properties using t...
Jeremy Davis
How do you quit your day job if you need a job to get a loan?
Hey everyone, I live in Los Angeles, got married just before Covid hit, and my wife and I want to move to another state to start our lives, and hopefully a new financial freedom in real estate investment. Whichever th...
Eric Carr
Bitcoin and Fear Discussion. Fact from Misinformation
I don’t expect to change anyone’s mind about Crypto, specifically Bitcoin, nor do I expect this post to be popular or liked by 95% of BP users
I really like the money podcast and I’m listening back and am starting to...
Sam T.
Tenant wants oven replaced, it's not broken
I'm a new landlord and not quite sure what to do in this situation, so any advice is greatly appreciated. My tenant asked me today if I would replace the oven (gas stovetop) because it has a lot of tiny grease stains ...
Rodrigo Serzedello
Anybody there investing in San Diego? Should I go somewhere else?
I'm new in the real estate and I have never done it before, but got around 200k to start investing and generating some monthly cashflow. I've been learning that over here (SD) is terrible to get some cashflow but its ...
Brandon Handel
Is it stupid to have my name in my LLC?
My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...
Evan Manship
Fannie Mae Homestyle Mortgage
Hey BP,I wanted to take a collective poll as to who has had experience and what the community has heard regarding Fannie Mae's HomeStyle renovation mortgage product -- not to be confused with the HomePath renovation p...