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We are new investors and are looking to set things up the right way. Our plan is the buy one or two properties a year. After talking to our accountant he recommended that each property by under its own LLC to protec...
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When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Hi Bigger Pockets -- I have a situation I'm not sure how to deal with, am hoping for your help. For context, I am a new investor who is househacking my first property; at this time I do not have a lawyer, and the hous...
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I began looking for a tenant for my new rental property a few days ago and have received a lot of interest. One of the applicants qualifies in every way (clean background check, good credit score, non-smoker, etc) exc...
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If we had owned this property for any length of time, I wouldn't even ask - we just bought this property last month and inherited our tenants. It seems there was bad wiring in the utility room that was not rated for t...
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We are speaking with a seller at that still owes $70000 on his property. We offered $100k cash and he is not interested. He said he would be interested in creative or seller financing. Is there anyway to do this wi...
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We all know about the 70% rule and how it works. But if your numbers are correct for ARV and repairs, and then have to back out your assignment fee as well. Sometimes its difficult to get your offers accepted beca...
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Is anyone else experiencing issues with erentpayment.com? I use them for rent collection and they are currently holding my recent rental payments. Allegedly there is an issue with their bank and the bank's required ...
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My real estate agent just sent me a listing that has the potential to make a really good BRRRR, the only thing that concerns me is the house was built in 1920. Any advice or things to think about when buying a propert...
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Adding a firepit to my STR in Port Clinton Ohio. Can you guys help me decide on the specs and the type? Are there any hazards I should watch out for with gas? Can you make more cashflow with wood-burning since you're ...