Hello everyone, rather new to tenant placing. I was wondering what services you all use to do background checks on a tenant? There are several out there and I want to make sure I use a service that is legitimate. Any ...
I have been contributing to a Roth 401k at work. In order to get the full match I put in 6% to get a 4% match. It has built up to almost $9,000. I read Scott Trench's Set for Life for the second time the other day and...
I’m looking at a 35 unit apartment building North of Kansas City. All units are studios and should each rent for around $350. All utilities are billed back to the tenants. The building is supposedly at 90% occupancy. ...
A friend/ business partner and I have decided to purchase a vacation rental. Our main idea around choosing Lake Tahoe is the year around entertainment attraction. To get down to it, we are asking the Bigger Pockets co...
So many times, I hear investors propose an "FHA" option as the best option for financing a new multi-family they will house hack or new primary residence for themselves.I can't say how wrong this is. It's true that t...
Good morning everyone! My husband and I are so excited to begin our journey to financial freedom we can hardly contain ourselves but we are a little scared too. We both are in the medical field so this is definitely a...
What’s a good amount of mailers to send out monthly for a new wholesaler?
My wife and I own a townhome in Culver City, CA that is appreciating very well but not cashflowing. My renters' lease is up next summer and I'd like to do a 1031 exchange into a multi-family property. Right now, our l...
I was offered a 4.5 variable rate, closing cost of around $300. The way it is amortized is a little different. If it's under 5k it's amoritized 5 years. 5 to 10k 10 years, and over 15k, 15 years. This seems like a pre...
In my last post I asked in detail how to find sellers and good deals. Now I want to focus on how to approach a potential customer. When trying to buy directly from a home owner how do you generally go about that. I...