Hello BP! I am new and hope I am posting this in the correct area. I found a 7 unit hip pocket deal. It is in a really great area but needs work. Price is 275k and units will rent for $1000 with some TLC. So the cash ...
Hi all,
I’m new to the BP community and really excited about to prospect of starting a real estate portfolio. I am considering the purchase of a duplex to house hack my way to a decent-sized portfolio of multi-fami...
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
Hi Bigger Pockets,My name is Ronny Pfrogner. I have wanted to invest in real estate since high school, but now I work a full time job and with the plethora of information I have found thanks to Bigger Pockets i feel l...
Hello BP family I am writing to get someone to point me in the right direction with resources. I was looking to get a hard money or private money lender to help finance a deal. I was looking to purchase a small house ...
Am I crazy with my new plan?
I have a home that I refied 5 years ago. I refied 90k for 10 years at 4.4%. I Now owe 55K and have 5 years left. My payments are 1200 a ...
This is a copy of an email I plan to send to my partner and want to vet it through you folks here.
Does it look like I have it covered? Can you poke holes please? :)
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Here are my thoughts.
I ...
I’m currently trying to rent out one of my vacant properties. Usually when an applicant calls I get all their information and ask them the 4 basic questions: Is your income 3x the monthly rent?Do you have a clean crim...
In my rental deal evaluation, I'm doing a detailed analysis of income and expenses per property. I'd like to get some opinions from experienced investors on what cashflow thresholds they are looking to achieve. Here...
Thinking about getting my real estate license. Just wanted to hear what other people think about it. Both active agents and investors alike. Is Grand Rapids/West Michigan area a good place to do it? My goals as an inv...