Hi all! Newbie here. I just purchased my first rental property and am in the process of looking for a good PMC to manage it. I spoke to 3 PM companies, 2 of them being RE brokers and property managers. This is my firs...

I am working on a deal. 12 units in 2 buildings in northern NH for $380k with $60k coming back to me at closing, net price of $320k. I structured it that way to reduce my cash outlay to less than $25k. The property gr...

Just bought my first investment property and will be using it as an STR. I'm debating on creating an LLC when listing my rental. Has anybody else done this? I'm doing this to protect me if any accidents happen in/on t...

I recently had my first call to interview a potential property manager for my first long-distance investment property and it left me a bit discouraged to learn of the reality of the costs involved.
3-5 weeks to rent ...

In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...

Hi Everyone, this is my first property purchased and I am new to being a landlord so would really appreciate any advice here.
I purchased a property with a tenant in the unit back in October and worked with a lawyer ...

In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?

Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...

I am considering moving over to RESimpli and would appreciate any feedback from current users.  Please provide the pros and cons of this system.

I have focused on saving for my retirement through my 401k for my first few years of work after college. I managed to save up $100k to invest and have decided that I will no longer contribute more than my employer mat...