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I just bought a second rental property in Hilton Head, SC over the summer and could only qualify for an investment loan since this is my 3rd property. I took out a HELOC to come up with the 20% down payment and it is...
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Many investors seem to be looking for rental properties in areas with low property values. This makes sense given that rental returns tend to be much higher. For example, I live in downtown Chicago and found that retu...
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I was just curious as to why people first become interested in becoming licensed as a sales agent or broker?
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Hi. I am just getting started as a real estate investor. I am about to close on a single family property which I'm paying 39K for. There's a Section 8 tenant who pays $675 per month. I'm using my HELOC on my resid...
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Hi BiggerPockets, I'm excited to ask my first question:I have a 3br condo I'm renting out to 3 tenants with a single lease. It's only been about 5 months in the 1 year lease, and one of the tenants got married and ask...
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I am looking to purchase my first investment property.I want to buy a property that needs moderate amount of work. After improvements are completed I would like to re-sale (flip). But If i can't get the right price I ...
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What are the advantages and disadvantages to buying residential property in personal name and transferring to LLC?
I think (not positive) Brandon Turner mention in one of the podcasts that this is what he does and I...
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I am buying a 4 plex (cash) We are planning to use a construction loan for the rehab.ARV $80,000-90,000 As is value $34,000 (not purchase price) Rehab needed $32,000Questions,The property is occupied, but each unit h...
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I guess it's like the buy vs. build question. At some point, most investors think about getting their broker's license. There are advantages and disadvantages as pointed out in several places, including this blog: Inv...
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I'm new to real estate investing and I'm looking for advice on the advantages/disadvantages of selling a house CFD vs. renting. I bought my first property as a foreclosure and remodeled it. I'd like to sell the hous...