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Hello! My name is Matthew, and my wife, Rae, and I are trying to get started in REI as a side business to our careers. I am a mechanical engineer in the commercial HVAC design field, and I want to use some of that kno...
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I'm a first time investor\homebuyer and I've been studying as much as I can in my free time (and of course listening to all the podcasts on here) and I've come across a house that my friend is selling in Fort Collins...
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When calculating the operating expense ratio for a property, do you leave the vacancy & credit loss allowances as part of the income when you calculate the ER, or do you first back out the vacancy & credit los...
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I recently closed and am renting out my first property. I am being told by many people that I will have to wait years to build up capital and equity to invest in my next property. I believe that I don't need to wait a...
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I'm new to wholesaling and have been studying this subject a lot here. I do have a question as to what other types of properties (besides vacant/distressed houses) that can be wholesaled.
For instance, if I find a ho...
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I have grown tired of reading "how to" books. I find that I am able to learn more by reading books that provide an historical account of a specific situation. One that I just read that I recommend is "Empire" by Mit...
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Hi all, I am moving back to the US from London to go do an MBA. I'll have no salary and my credit history is just good (it was perfect 7 years ago, but haven't used credit as living in the UK). I want to buy a flat in...
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If I buy a property for short term rental and do a cost segregation study to speed up depreciation, can I later decide to convert to a primary residence? Is there time limits to convert, I understand that there may be...
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There seems to be a general assumption that longer occupancy durations can be achieved by using fixed-term leases (e.g. 1 year) as opposed to month-to-month leases. However, despite spending quite a bit of time on Goo...
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Hello BP Patrons,
This is my first post on BiggerPockets; which might lead one to think I lack the motivation to be a better businessman. I swear to you that's not the case. Although I might be the last person to a...