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We recently bought our first flip and began to get estimates. One of the subs needed is a chimney repairman/tech. He recently gave an estimate for $6500 and wants $2500 down and the balance upon completion. Is it usua...
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I am considering buying my first rental property and wanted some feedback from people that have done it before. Feel free to tell me it’s a bad idea, give advice, encourage, or tell me your process. Everything helps. ...
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As I embark on this RE journey, I see on the forum that most people take it for granted that financing is the way to go. What if you have enough cash to purchase a property, are only getting deferred tax benefits from...
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So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...
I am looking to close on my first rental duplex in the austin area. Its slightly under the 1% (0.84%) rule from a rental income POV however one of the units has a long term disabled tenant and is in pretty bad shape. ...
Good afternoon. I am fairly new to the BiggerPockets community and real estate as a whole; I attended Than Merrill's workshop and got the motivation to try out wholesaling with my significant other/partner. We started...
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BP Nation,I'm looking for some help on how to properly configure a Series LLC for asset protection with Land Trusts for anonymity. My understanding is that this is the best modern method for holding a portfolio of inv...
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I know the building is old but it has a nice CoC.I am asking my realtor to get the maintenance/repair records to see what has been done in the past.This will be an OOS investment and my first investment. My realtor wa...
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Hello Bp,
Question, are title agents allowed to wrap FHA loans?
I came across a property that is in pre foreclosure status and seller is looking to sell. I want to wholesale it but not sure if a title agent can wrap...
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Hi all,
So here's where I'm at.
My goal is to cash flow $4k per month ASAP. Why 4k? Bc that is roughly my monthly expenses. 1k of that is the property taxes on my home!!!! I have about 250k capital to work with and I ...