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There was a short thread on this, but it was locked. We have 13 units (including our own) in 3 properties, and file schedule E. I actively manage and maintain these properties. From my reading, I need to form a more ...
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Fellow BP-ers,I have been in the short term vacation rental and SF long term rental business for 10 years now, and am entering the multifamily side of REI in an effort to scale and expand my business. I have read a m...
Hi everyone. In an attempt to try to stop my analysis paralysis, curious as to what established investors would do in the following scenario:$100,000 liquidNo Debt at allRemote IT Job making 100k/yr. Location is a n...
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Hello everyone! My name is Josh Hernandez, my wife and I are just getting the ball rolling in real estate and I am joining the BP family to learn and share as much as possible as we make this happen. We met in Montana...
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https://abcnews.go.com/Health/...Yes, they are giving tenants an additional year to catch up on rent. I would love to know how someone can be that far behind on rent when they've received two stimulus checks, unemploy...
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I've recently been put in touch with an experienced investor who owns "A lot" of properties. We're supposed to meet and sit down for lunch within the next few days. On my end I'm trying to see if he'd be a decent ment...
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Hello, fellow BiggerPocketeers!Recently we asked you what sort of features you'd like to see on BiggerPockets, and a recurring suggestion was a way to save articles, videos, podcast episodes and forum threads so you c...
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Hey Everyone,
It took longer than I expected, but my first batch of yellow letters are finally done.
I will be mailing Saturday, so people will receive early next week.
For the first batch we used...
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Property value after repairs $350,000-$360,000Estimated repairs ($20,000-$30,000) Balance of 1st mtg (Everbank) ($271,985) Balance of 2nd mtg (HUD) ($ 24,482)Cost to cure loans-est ($13,000)Est equity $10,533-$3...
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Bought my first deal and now its rented! I have a full time JOB, I'm a very busy single mom and now I'm a full time LandLady :) Here are the #'s:Purchase Price: $78,900Down Payment: $7890Repair Costs: $1200PITI: $585R...