William J Vance
New investor - HELOCs
I own a house and have taken out a HELOC of 65k . I am struggling to find a strategy that works. I have been looking to buy a rental house for 50k that needs no significant repair in Hattiesburg MS. Is this worth it a...
Lewis A.
What fees work well in your lease
Most of us charge fees/penalties in our leases. The normal late fees, application fees etc. Can you mention what other fees have worked well for you please?Some ideas to start the conversation.We email our tenants all...
Jacob Henderson
Newbie from Wichita, Kansas
Hey BP community, I am new to real estate investing and am glad that I found bigger pockets to help me learn, network, and grow. I grew up in the Midwest and am 23 years old, about to close on my first deal which is ...
Mohsin Mazhar
Keeping a property in an LLC vs person name for BRRRR investors
Hello,I was looking for some advice.Background: I have 2 rentals, both are in my name right now, they are insured and I have an umbrella policy. 1 property is under a mortgage and the other I own free and clear. My st...
Robert Maxwell
New kid on the block
Good afternoon, I’m a young college student who always wanted to get into real estate but did not know where to start. I am 21 years old and I just want to reach out and learn everything that I can while I’m here I’m ...
Joshua Frank
pulling comps and the other properties are not matching up
Hello BP,
I am pulling comps on a property and the market I'm in has a very low cost barrier and the homes around it are not comping high at all. so it's keeping the ARV low. how do I find good comps or what should I...
Jamal L.
Pandemic and Real Estate investment. How are you coping?
With the novel coronavirus affecting every part the economy, the real estate industry hasn't been left out. Are you exploring opportunities to make more from real estate?
Brian Orr
Anybody have a Portfolio Analysis tool?
Hey BP,I've been exploring a couple of portfolio deals for SFHs. I'm wondering if there's a better method than trying to analyze each property individually? What premium, or discount should I attribute to the total pa...
Keith John
Conventional Mortgage 20% Down
I contacted my bank to have them begin a preapproval for a conventional loan. I told them that I was going to keep my current home and buy a duplex as an investment property. I was informed that the MIP/PMI companies ...
Greta Andrews
REI vs business acquisition
I'm considering my next investment. I currently own a 3 unit apartment. For my next investment I want to go bigger. I've always planned on purchasing a bigger multifamily (20+). But now I've learned of acquisitions. I...