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I found BiggerPockets about 2 years ago. It has been an amazing time learning so much about real estate investing and hearing all of the incredible stories from amazing investors around the world.In the past 6 months ...
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Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
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Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
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I've tried doing searches for some contracts people use to do their wholesaling deals but I haven't really come up with anything. I was wondering if anyone wouldn't mind letting me see their 1 or 2 page purchase contr...
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Hello. I have been lookin into pulling the trigger on deals in Detroit that are already occupied. Seems like automatic cash flow. But seems too good to be true. And super risky. Anyone in Detroit with any info?
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I got an interesting question from a 25 Year Old the other day and I thought I would post the topic here to see what others thought of my advice and what I got right /wrong.My first thought after hearing the question ...
I’ve had my license coming up on 4 years and I’m debating if I should renew it or not. I’m not so confident in sales nor do I feel that I’ve given it my best shot either. It is pricey to keep up the license and I have...
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I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...
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Hello BP,
SO as I am searching for property, I am wondering how this will affect prices, and the overall state of real estate.
Should I move forward and purchase or hold off for potentially better deals?
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...