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Okay I'm moving forward with a property that I'm purchasing with a hard money loan. It's the ideal rental in my market, 15 minutes from Ft Bliss, it needs about 5k in work, I got it at 70% ARV. I want to BRRRR this pr...
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Hopefully this is the right place to post and I appreciate any advice in advance. I am in Alabama, I have $200,000 in cash and zero debt. I have a background in homebuilding, real estate and renovations. I am trying t...
Hello BP community! Just recently learned of BP from a close friend. I was discussing with him my current situation and he recommended I reach out to the community for some guidance. I graduated from college in May of...
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I eventually want to own several properties that I will rent out. I understand the merits of creating an LLC or some other legal protection entity.Now at my point, I don't own anything though I plan to get my first pr...
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Hi,
Newbie investor looking to form some type of exit strategy after using a Self directed IRA as an investment vehicle for my first couple properties. I'm going to use a SDIRA to get started but being in constructio...
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Hello BP community!I created my BP account after months of discussing REI with my husband for our future goals. We currently live in Chicago (Buena Park), have owned our condo since 2018, and aim to invest in 2 multi-...
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Hello,My name is Matt Heidinger. I am new to real estate investing. I came across Biggerpockets online while reading an article and figured that I would join up! A few things about me, I am 26 and live in West Palm Be...
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Maybe this is the wrong place for this question, but someone here has to know. I have a 3 unit building where the electrical panels for all 3 units and common is in the basement. If a breaker trips, tenants have to go...
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So has anyone ever done there first deal with a partnership out of state? I am going to invest out of state because mine is a expensive place to start. I can afford to do my own deal out of state but am considering po...
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It was just supposed to be her and her two kids, and she said she was single, had no time to date, works 70 hours a week, two jobs, hardly home, etc.As I like to do, I drove by the unit recently, as I have the past 3....