Hello! This is my first time posting in the biggerpockets forum. I am planning on investing in my first ever rental property in Memphis area. I am considering going witha turnkey provider to keep it simple for the fir...

The question always seems to come up among landlords, "Should I take a tenant to court for (fill in the blank) or because they left owing me $ for (fill in the blank)?"  Generally, I say it depends on the amount, how ...

Over the years, I have seen sooo many posts about people wanting mentors. These folks are so hungry for hands on education that they are willing to do almost anything to gain the knowledge. I recently read a thread wh...

Hello, I'm in the stage of figuring out where my money is going. When I hear people say, "Live off 50% of your income, invest/save the rest" how would I calculate that amount?  I know the difference between GROSS and ...

Here's my situation. I'm seeking a mortgage on a duplex. I'm self employed. I have a seasonal lawn care business. My plan is to actually get a job in the restaurant business (for the winter and temper hours during the...

I have been analyzing many deals in the Puget Sound region and am having a hard time finding deals that make sense on the MLS. I am using the BP rental property calculator for my analysis and am allowing for everythin...

I'm a bit stuck in trying to determine the best way for an investor to get compensated for their efforts in an LLC. I am part of a 2 member LLC in Philadelphia, PA. Originally, both members were operating under an und...

I just learned from my mortgage broker that I need a "settlement statement" in order to qualify for a cash out refinance on a property I am considering purchasing & rehabbing. In this settlement, I was told I need...

  Hey guys, I'm new on BiggerPockets and just wanted to give a quick hello and introduce myself.  My name is Steve Sarro, I'm a carpenter originally from the SF Bay Area and I've been living in Louisville, KY for the ...

I've been running numbers on rental properties in the Harrisburg area in preparation for buying my first property next year.  I am curious to know what folks in the area are using for maintenance and capex numbers.  I...