Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rochester.
Purchase price: $100,000
Cash invested: $25,000
Cash yield focus. 9% cap rate ( with 5% repair and 1 month vaca...
Anyone have any experience with Bakersfield Investing Club or Lending Club? Looking to use them to speed up my accumulation of cash for a down payment on a buy & hold single family home. Any thoughts on these? ...
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
Hows It Going BP, So i have been reading and studying creative real estate for a year now and finally started talking to sellers with the wholesaling approach. My Goal is to really get into the lease option field beca...
Hello BP collegues! Here is hoping Brandon won't "bag" on me because I am from the Detroit area...northern Oakland County to be specific.
Despite Brandon's feelings for where I live, I love the BP conten...
I own 3 rental properties and am doing a1031 exchange on one. What closing costs can i deduct from this exchange? I want to keep accumulating carry over losses but am having trouble finding information about this.
ev...
Hello BP,
So I have a sfh rental property that I am expecting to pay off fully in a few months. My plan is to use the equity in the rental to purchase additional rental property. What is the best way to pull cash ou...
Hi BiggerPockets,My name is Nathan, I live in the Kendale Lakes area of South Florida, I've recently turned 25, and just crave achieving financial independence. I've been working a full time job handling worker's comp...
Hello! Wanted some opinions on the best way to use the equity that has accumulated for RE growth, i have about 400K in equity and want to buy more RE for cash flow. Should i cash out refi? My mortgage payment will inc...
We are scheduled for court on Oct 31. Our tenant attempted suicide and is currently in the hospital. Has anyone been in this situation and can share their results.