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When considering your budget, is there any general rule of thumb for the percentage of money you spend to buy a property vs the percentage for renovations vs the excess left for cushion/emergencies? I will have a set...
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I'm starting a househacking journey and my mom will be financing the home. I am currently living off a small amount of self employment income, savings and 401k due to health issues so I don't go on the financing per...
I just read this great article by @David Thompson, and want to check my understanding of taxes for limited partners in real estate syndication.- Income distributions are taxed at ordinary income rates, but there may b...
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Hi all - I'm Carl Ghiselli, a new member to the Bigger Pockets website. I invest / flip / do real estate in Indianapolis and Chicago, but currently live in London, in the UK. I haven't always lived overseas - hence th...
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BrandonFirst of all I want to say thank you very much for spending so much time to educate all of us further on real estate investing. I watched your BRRRR webinar and I learned 500x more than I thought I would of. I ...
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I was moved to share some pics of a big rehab i did after seeing J Scotts latest post. Its inspiring to see what can be accomplished when you set your mind to it. I had done a few full gut rehabs before this one but i...
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So in David Green's book "BRRRR" he mentions that banks will let you refi after 4-6 months. I have seen lenders that do the 6 mo refi, but haven't seen the 4 month at all. I am prepared to keep reaching out to as many...
Hello everyone
I am a complete newbie at this and I wanted to see if I made a mistake on this deal . I just bought a single family home in the Sac area recently but the rent I am getting each month does not cover the...
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Hello!
My name is Jessica I live in Austin, Texas. My area is great for fix and flips BUT I'm interested in buy and hold. I was raised in San Antonio, Texas and I want to invest there in the next 3-4 months. I am l...
Hey Everyone! First post. I'm super new to the real estate world so please forgive my ignorance.
So I just started working for my parent's property management firm and things seem to be done super mom and pop style ...