Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
Hi everyone,
I've searched biggerpockets and couldn't find many recommendations for tutorials on how to setup quickbooks for rental properties.
Google and YouTube tend to show either short clips or irrelevant info...
I was just listening to Elizabeth Colegrove on podcast 103. She is obviously a very bright investor who is currently doing what I call the W.E.B. Griffin RE investing strategy. Basically, buying a house at every dut...
I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
Here is a big pro tip:
Stop buying on the MLS. It’s too expensive! There is a process called "Buying Off Market". Where do you think all of those properties on the MLS come from? They were "off market" until they wer...
I have a rehab property that was close to completion when a cash buyer walked up to the property with offer and a bank statement in hand showing he had the funds to purchase. My business partner and I decided to accep...
I just finished Scott Trench's book "Set for Life" and let me start by saying it is a awesome read and I fully recommend it to anyone and everyone.In the book Scott bashes on typical retirement plans such as roth IRAs...
My vote goes to Professor Gates who immediately accused a police officer of racial profiling when that police officer responded to a report of a break-in of his own house. Was it really too much to ask that Prof. Gat...
Hey guys my name is George and about a year ago I posted on BP in regards to a 36 unit development that we finished in Moultrie GA. We built it for around 1.5 million, post construction Refi appraisal came out to 2 mi...
Hello, I am fairly new to bigger pockets and this is my first forum question. I was wondering if anyone has experience with traveling to the Caribbean or buying properties in the Caribbean. I am wanting to purchase a ...