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Results (1746)
Scott Passman Completed Long Distance BRRR of Turnkey Purchase
13 May 2020 | 6 replies

I always see so many questions about turnkey properties, long-distance investing, and BRRR’ing properties so I thought I’d share my first investment experience since it consists of all these things.
Details:
Purchas...

Marc Shin Under contract on an Older Home (early 1900's).. issues
12 September 2024 | 6 replies

I'm under contract on an older-home.  Like early 1900's in Florida. Home inspection completed yesterday.   The 2 main issues are that there's a leak in one of the bathrooms that is causing water to flow under the sub-...

David B. Contractor suddenly over budget by 40%
28 March 2023 | 27 replies

Hi everyone I’m in the middle of my first flip. I locked up a single family home (roughly 2600 sq feet) with 5 beds and 3 baths for $454,000.The ARV for the area tells us we can probably sell the house for 685-700k on...

Cal C. Reserves are almost an absolute necessity!
2 January 2015 | 44 replies

They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves.  Then again a few peopl...

Stephen Chittenden Our First Deal
9 May 2016 | 37 replies

My wife and I have two rental properties that we've converted from our personal use.  One is our old townhome that we used to live in and the other is a single-family home that we bought for my parents to live in.  Th...

Annelise A. What to do with rental income?
19 January 2011 | 19 replies

I've been dividing my monthly rental income into 3 buckets.

Bucket 1 goes into repairs for the property
Bucket 2 goes into the mortgage payment
Bucket 3 goes into future investment savings (MM acct due to higher ...

Geoffrey Buscho SBA(504) Loan Lessons Learned on Commercial Real Estate
14 November 2022 | 2 replies

Hi BP Community!We are getting set to close our biggest CRE investment here in about two weeks and since it is a hybrid of creative financing and an SBA 504 loan, we wanted to share some lessons learned since we have ...

Sarah Jane paying for rental investment all cash?
28 February 2021 | 16 replies

Hello biggerpockets :), heard back from two of my brokers and pretty much the only options I have to get into a rental is going the private route. So I just started thinking and thought about freeing up some cash whic...

Rob C. Is it really that important to hire contractors that are insured?
10 August 2020 | 35 replies

From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...

Kevin K. First rental property help!!
21 June 2017 | 10 replies

hello,  we are relocating and I would like to turn our current home into a rental.  We are in the Austin area and expect the market to continue higher.We have a deck that has started to degrade with rotten boards and ...