I was wondering why an investor would continue buying houses and small apartments, building up their portfolio to dozens of doors or more. They keep brrrr-ing and brrr-ing and then get to 10 loans, then I guess they g...
How does a Deferred Sales Trust work? Is it better than a 1031 exchange ?
Hello BP Community! I'm new to the game of real estate investing and I'm doing my best to dig deep into the resources available here to make sure I start off on the right foot! The BRRRR strategy appeals to me in the ...
Hello all,After doing a lot of research on LLC's for investment properties, I luckily came across this forum. In 2013, I created three LLC's for my three investment properties and did nothing with them. I did not know...
Hi Community,
I’m in the Bay Area and want to consult
with a real estate accountant and attorney about how to best protect my property assets. I have multiple homes in CA and FL that are in my name. I’m not an activ...
Hi Everyone,I'm trying to assist someone in obtaining a loan. The person in question:Owns primary residence (300K)Has +-300K in equitiesIncome of $35,000They took out a HELOC and used those funds to buy a 4plex for $1...
Hoping to get some input here. I started flipping properties back in 2001 as a part time hobby, as I had a full time job and active family. After flipping some 25 properties, I realized that buying and holding would p...
Hey BP,I'm new to the game trying to get my first rental property in the Mesa/Gilbert/Chandler AZ area. I'm looking at small multi-family for house hacking but have the following issues with risk and financing.1. conv...
Hey Bigger Pockets Fam,Need some advice in order for me to implement a policy for a duplex basement and a detached garage. The background is I purchased a multi-family property, a stacked duplex in the outer suburbs o...
Question --> I've heard conflicting things regarding the use of the term "hard money". Just curious... do you use this term, or prefer something else? If the latter, what do you use?