$3K? $5K...$10K? How much per house do you set aside for an emergancy, evections, something broke?
I recently bought a single family house and had a lot of questions covering rooms to rent out. I currently live in the house and have 1 room to rent with a potential second room to rent with a little rehab.1. Should t...
When you are buying up properties for the purpose of buying and holding, at what point do you ever focus on paying your houses off as opposed to paying 10-30year amortization? Are there any general rules of thumb on t...
Hello BP,
I am still figuring out financing for a 4-unit turnkey property I have under contract (for buy and hold).
I wrote in a previous post that my lender increased the down payment required for purchase and I do...
Hello Everyone,
New here and am trying to understand the motives of a wholesaler. Trust me when I say I understand the value and appeal of the wholesaler but I can't wrap my head around it completely.
W...
Hi all,For those investing in trust deeds or private lending in an LLC structure, do you place an insurance policy on the LLC? I understand taking actions to mitigate piercing the LLC’s corporate veil (e.g., don’t com...
Investment Info:
Single-family residence fix & flip investment in Miami.
Purchase price: $514,500
Cash invested: $135,000
Sale price: $760,000
My first fix n flip in Miami, FL. The property i...
My name is John G. Williams I am a new investor on the scene. I am very new to real estate and BiggerPockets platform. I am currently in the research phase of learning about what investment types I want and do not wan...
Hello BP,
I'm looking into wholesaling as I start out as an investor just a little overwhelmed in thought because I have no personal funds. Yes I can find hard lenders but how hard will it be for someone that does n...
Someone has asked me to provide a short term private loan of $10,000. He is currently selling his home and will be purchasing a new build in another neighborhood. He needs to put a $10,000 deposit on the new lot to re...