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A lot of the time i feel like beginners lose focus because they're "why" for getting into REI (or lack there of) is not as strong as it could be. In my opinion, a persons "why" is the reason for going through the most...
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Just watched this show with my wife last night. It made me think of the quote the rich get richer but I'm still pretty skeptical. The show basically went as follows:If you have 300k cash to spare go buy a foreclosure/...
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Hello experts,I lent money to a borrower to buy a property in Chicago. But he stopped interest payments after few months and didn't pay anything after loan maturity. I then engaged an attorney to proceed with foreclo...
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Hello all,My name is Michael Holland and I wondered across the Biggerpockets pod cast on YouTube and decided to join the forum. I am 33 years old and a 14 year Air Force veteran. I was recently separated becaus...
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Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...
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For my first investment out of state...Originally I wanted to finance multiple homes but I feel I can get a better deal by offering an all cash offer. I can always refi up to 75% after I get the home and reuse the 75%...
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HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
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Hello! This is probably going to be a bit long and I will try to keep my ranting to a minimum, but I want to make sure I include enough info/backstory to hopefully get some proper advice.
I have been interested in r...
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Basically, I have tenants that requested a new refrigerator even though the other refrigerator was working it just was older and had some shelves that were broken. My property manager was trying to get a refurbished r...
I am willing to work in trade for learning, but I need to work directly with an actual mentor...not a guru, not a coach, not someone who is going to drain my funds.Anyone?!?Thanks,Bryan