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Hi everyone,I live in Sunnyvale, but got a job in Walnut Creek, CA. I’m looking to move to somewhere near by the area and buy my first home. I’m single, so I’m thinking of buy a house and share a room with other peopl...
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Our very own Scott Trench has written an amazing book called Set For Life: Dominate Life, Money and the American Dream . On this episode of The BiggerPockets Podcast, he talks about his book, how to get ahead in life,...
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Hello,I am just getting started in my REI journey. I’ve been reading books and listening to podcasts and following different successful investors online. However, I do still have a lot of questions. I have tried reach...
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Looking for advice on growing my rental portfolio without crushing my savings account in this market. I have two rentals, both cash flowing and purchased 3 years ago with 25% down and at the record-low interest rates...
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How long is the seasoning period to do a cash-out refinance into a conventional mortgage if the property is completely paid off? I've read somewhere that it is usually six months but doesn't specify if that 6-month s...
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I've Learned a ton about accounting lately, but I just can't seem to figure out depreciation.I bought a rental property for $25,000 in 2012. I was paying back $500/ month at 4% interest to a private investor. I sold t...
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Hi all!I'm looking for some help and/or mentor as I've been grateful to save $500,000 but I'm not sure where to best invest these savings in. Ideally, I would like to generate a 10% to 20% return on investment as I'm ...
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Hey BP!Thank you all for this great resource!My wife and I have our old townhouse rented out (N. Virginia) and currently own our home residence in Raleigh, NC. The N. Virginia townhouse is doing fine from a cash flo...
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Here's the situation that we're in. I am a doctoral student with:
[list]
little debt (car loan and 35k in student loans),
little assets (3k in an index fund, 7k in a target retirement fund/Roth IRA, 1k in individ...
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If I sell a house via a lease option, how do I split up realtor commissions? As in lets say its a 5% commission. What comes out up front, and what comes out should the deal close two years from now?