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I currently own and manage 7 single family properties. I've thought about getting a property manager in the future, but I really don't understand why they require a percentage as opposed to a fee for the work done. Th...
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Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
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Hello everyone. This is my first post on the forum besides the new member area. I have been reading a book about investing in Duplexes, Triplexs and Quads. So far, the author has expressed his use of GRM (Gross rent m...
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I hope this post will help inspire new investors to keep pushing everyday until they reach their goals. I owe a lot of my success to the BP community and I hope to give back as much as I have received!
Three years a...
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Hey everyone, this is my first post here. I commit to being a very productive and active member! So far my wife and I have passively invested in multi-family deals. But, we want to start doing other kinds of deals A...
Just a Question to people that like to buy houses and rent them out and others that have and still do but also, Buy and sell, Wholesale and all that good stuff. Are you able to be really successful in only Owning hous...
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I notice that it's a mixed bag when it comes to management on here. Half prefer to manage all their properties themselves and the other half won't touch a property without a manager/management company. Why is this suc...
Hi Bigger Pockets -- I have a situation I'm not sure how to deal with, am hoping for your help. For context, I am a new investor who is househacking my first property; at this time I do not have a lawyer, and the hous...
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Is there ONE person out there who has only purchased properties for around $30k, rents them for $700 or less a month and has been successful long term and can prove it with the numbers?
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Just got an offer 4 days after listing my latest flip property $6,500 over asking. Working with Listing Spark for the first time has saved me over $6,500 in commissions! So that's $6,500 over asking plus $6,500 in com...