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Hello fellow investors!I've asked this group for a lot of advice on how to grow in real estate. I've managed to accrue 5 units since then (2 SFH, 1 Condo and a Duplex). All are doing great and cash flow is nice. I rea...
I'm counting on the BP community to give me a push forward! I've been spinning my wheels for the past couple of months and perhaps I can be diagnosed with early stages of analysis paralysis.
I am from Miami, FL and ...
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I am a contractor since 1981 . I have a customer selling their house for $875,000 . The home inspector came back with a laundry list of " problems" with the home . Now this house has been maintained beautifully , the...
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Hi,I'm currently investing with a friend who has the property under their name. We are looking to avoid as much tax as possible as we are planning to flip. From what I gather is that incorporating allows us to pay les...
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Hello Biggerpockets Family,I am trying to buy a house in an auction and I see the house has a ton of lien (including a 40K lien from a car dealership). My question here is - if I win this property and get a "Special W...
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We bought a house a month and a half ago and knew the roof needed some attention after the inspection. The seller had someone come out and assessed the damage saying it needed $1500 worth of repairs. Being the first h...
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Does anyone initiate the "Annual Rent Increase" in their lease contracts, where you use a percentage factor to increase your rents on an annual basis, even if you have some one sign a multi-year lease.
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During the recent period of low interest rates I acquired some rentals with a 15% down payment in order to stretch my cash further toward down payments on additional properties.
This helped with the down payments and...
I am currently thinking about leasing my current home then move into other home.The house worth about 500K (3875 sf, 4BR, 2 car garage, 10 year old) and remaining principal is 170K. My current monthly mortgage is $19...
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I need to pull cash out of a property. I own one free and clear(around 425K). Which currently does not have a renter due to Power company messing up the yard and sewage system. Primary has around 300K equity, and di...