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Countless times, I've heard the question asked "How much do I need in reserves?" While the answer tends to vary based on the investors' risk tolerance, I thought I would share my experience. As a background, I live in...
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I'm trying to figure out where to 1031 exchange my Seattle area properties to in order to ride out the next recession. I don't plan on doing this right now as the economic indicators point to a few more years of upsid...
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Hi all,Currently looking into getting our first BRRRR property here in Utah. I have been looking for properties that fit the script. Have found some pretty beat up properties that need a lot of TLC. However, when I pl...
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I have been listening to podcasts and youtubes and I keep hearing people say that investors should not own their own home, they should rent. Can someone please explain the logic behind this. I have 55% equity in my ...
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There's been a lot of discussion on the forums as it relates to differentiating bad debt from good. The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...
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Hello All, The commercial RE forum seemed like the best place to post this.I just wanted to share before and after pics of our first bar/restaurant build out! This is our first project and we have certainly learned a...
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I'm wondering if there is a creative way to list my rent price. Currently the utility prices are included in the rent because I don't have split meters. The problem with this is that it drives up the cost of the rent ...
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Hi there. I’m a new investor and have begun using the rental property calculator on bigger pockets for my market.I’ve only analyzed about ten properties so far, but I am getting about negative $1000 cash flow per mon...
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I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
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Good Morning BP community,My name is Mike and this marks my first post on the forums after being an active podcast listener and forum reader. Here is some background info and then I'll get straight to the point:I am 2...