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Hey Guys,
Really appreciate any responses and guidance here.
This is my first investment purchase, property is in Livermore California, and we are in closing. As I type this, I am reviewing the disclosures from...
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The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
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Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
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Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
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I have a property in TX that I am getting ready to rerent. I haven't formally listed it yet anywhere outside of TenantCloud (TC), but looks like apartments.com pull data from TC so I started to get a lot of leads. Any...
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Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...
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I have a tenant in one of my $500/month 1 bedroom apartments that I recently gave a 3 day notice to. Normally she would have gotten it much earlier in the month but she told me at the beginning of the month that she ...
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Hi there, My name is Austin I’m new to the Bigger Pockets world and I’m looking to buy my first property this year within the next 6 months if possible. I’m 23 years old I’ve been saving money for a property since I w...
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Does anyone have any idea where to go to get set up with an IUL? Do you think using an IUL is a good part of a retirement strategy? Thank you for your input.
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Ok no money is a bit of a stretch but none the less this has been an epic year! I have put little to no money down and have increased my net worth substantially through forced appreciation, positive cashflow, and debt...