What mistakes do most people make when they buy their first rental property. How should I get started?
Hey all, currently own four Florida rental properties (one triplex and three SFHs). I created a sole-member LLC to own and manage the triplex, and then created a second LLC to own two of the SFHs. The last SFH deed ...
Hi everyone, I am a newer investor looking to understand the process of setting up a subject to deal. Ive read some BiggerPockets forums on this and I do understand that the bank has the right to proceed with the due ...
Well, I'm not broke, so a billion in a year should be realistic right?Seriously though, I'm in a position now where I can buy most houses around here cash. Shopping for something that needs work. So I'm looking for op...
I have to refinance my NNN as I'm getting close to loan maturation May 2025 (balloon payment). Currently @ 4.5%. My tenant (investor grade) has 3 more years left on the lease. I've talked to them to find out if they a...
Hello,
A friend of mine has asked me to partner up with him on getting rental properties in Georgia. Was wondering if anyone knows what's a good place too look into. He said Dalton, GA but there's got to be more out...
Hi Everyone,I purchased a property to flip about a year ago. Prior to purchase, as is customary in NJ, I had a tank sweep company come investigate the property. They indicated that there were no oil tanks on the pro...
Good day BP,I currently have one 4-unit rental owned in my personal name and I have a duplex (foreclosure) under contract which will also be owned in my name (to fulfill fannie mae owner occupied requirement). My que...
I’m a newbie, no experience, gaining theoretical knowledge by reading books and living on BiggerPockets, itching to pull the trigger on my first deal and really start learning, money burning a hole in my pocket, and I...
OK apologies in advance if this is a dumb question, but I'm not quite getting it. Background, this is my first rental, manage and maintain it myself. In Wilmington, NC. Small 3br/2ba. Total payment is $794 and rents ...