Geoffrey Pritchett
First Rental Deal Evaluation
Hello Everyone, I hope this is the correct place to post as I am new to the forum and have just been lurking around reading for the past year in hopes of learning all I can before pulling the trigger on a deal, so be...
Micheal Waldrup
Typical REO discount?
I've been looking into REOs in my area. While there aren't very many, I've tried to think about what kinds of offers are generally accepted for REOs. Outside of (and most importantly) making sure that an offer I make ...
Account Closed
More Starts
I was in the building department yesterday and the clerks there told me that they have seen a big increase in building permits issued this month (a big increase from zero might not be much, but certainly better than n...
Brent Hindman
Keep Primary as First Rental?
Hi everyone,My wife and I are both 32 with 2 kids, 3 & 1. We make about $250k per year(before taxes) and have outgrown our first home we bought at beginning of 2020. It’s a 3/2 at about 1560 sqft in the north hill...
Jason Porto
Reserve Fund Contributions
I've been house hacking my place (I rent out a 3-bed 2-bath residence and live in a small in-law unit in the back) for just about 3 years and have been setting aside money each month for my reserve fund. I'm getting t...
Jason Frink
Out of state investing tax benefits.
Hi BP Family,I live in California and am about to start investing out of state. I have a CPA that I've used for years but when I brought up the investment to him he said my wife and I combined make too much money so t...
Reese Millican
Is $50k/year gross too little to own a multi family?
Hello Fellow Investors,I make $50k/year gross. According to Nerd Wallet, I can allegedly afford a $1500/month mortgage. I want to get an owner/occupied a multi family unit in MA, no further West than Worcester (I work...
Jeffrey Bourque
Found a Deal but Not Sure
Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay ...
Louis Grigoletti
Motivated beginner seeking House-Hacking timing advice!
Hello everyone! Just a quick introduction... My name is Louis Grigoletti and I am a new member of the BiggerPockets community. I am currently reading The Book on Rental Property Investing and I feel very excited about...
John Morgan
Partnering on a flip
I’m thinking of flipping houses with a builder/handyman. I told him if he could find good off market deals, I would finance the rehabs. I told him I’d be interested if we could split the profit 50/50. But all I am is ...