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Here are the basic details of the project:Closed on the deal on December 18th of last yearLocation: Plainville, ConnecticutPurchase price: $120,000.00Rehab amount: $22,000ARV: $210,000Property type: 3-familyTaxes: $38...
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I'm stuck between two life choices: 1. Become a CPA2. Become a Real Estate AgentThe complication: I have always wanted to get into real estate investing. My parents own apartments and for the last couple of years I ha...
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Good afternoon Bigger Pockets forum. This is my first post, and of course I'm looking for advice. My wife, and I are taking the plunge into real estate investing, and I wanted to consult like minded individuals on a c...
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We have a rental house in Detroit being managed by a Property Management company. We had an issue with the tenant for months (not paying) and tried for several months to find out from the Property Management company ...
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Hi, can someone explain this to me? Basically give me an example of say a $100,000 home and how this is wise to use that rents for $1200-1400. Verse other loans. Or why one would choose DSCR loan / interest only pa...
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After several months of researching, I want to begin the process of starting my own real estate investment company (a LLC). I want to eventually use it to get into wholesaling, flipping and eventually rental propertie...
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Hey BP Colleagues!Does my logo suck?Please check out these better logos I'm having designed, vote, and give me feedback!! You can influence the best logo now! I still have time to do edits with the designers also..htt...
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Hi, I currently own a duplex in Puyallup WA. We recently moved to TN and have both sides rented. We profit about $1200 a month from both units. My question is, is it wise for me to sell it and profit $150-200k after o...
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Hi BP,I've come to you with a few questions about some scenarios I had in my mind. @Joel Florek helped me hone in on what exactly I need to do (thanks, Joel!). I come here in hopes of getting more opinions on if I hav...
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Hello All,Background - I own 13 SFH all with conventional mortgages. - Currently, our LTV across all properties is 40%. - No experience with portfolio loans or commercial lending, educational awareness from...