Howdy fellow Pocketers! I have been watching all the podcasts, reviewing all the articles, and reading all the books and there seems to be a recurring theme to get an FHA loan for the 3.5% down and live in the home fo...
I am preparing to do my first flip in the upcoming months.1. I have seen some listings where the house currently has a tenant in it. Should I avoid these or does this matter? Is it just "oh well, deal with it," for th...
Hi BiggerPockets. I am a new investor here in Dallas, TX. I've been doing some research on owner financing and lease options and I love the strategy and thinks it is a very smart way to make money in real estate. Sinc...
Hello everyone, this is my first post. I'm looking for some helpful advice on a possible purchase of a quad plex. This would be my first investment property. I've found a ton of useful info on the site and have bee...
What is best practice? After closing on a flip, do you close the LLC or keep it open for the next opportunity? Even it were a partnership LLC?
Hello. I'm looking into buying a property to use as a vacation rental and found a good potential lead, but am hesitating as it is a manufactured home. It is well cared for but built in 2001. Can anyone point me in th...
The last couple years I've had someone else do my taxes. This year I received a letter from my CPA that the cost is going WAY up. So my question is how difficult would it be to do my own income taxes? It's basicall...
After several months of passive education (reading books, listening to podcasts, etc), I am ready to take action. I will be purchasing my first property within the first 90 days of 2018! I have action items calendar...
Hi Wholesalers,
We are hoping we can pick your brain. We hope we are posting in the right spot but if we aren’t please let us know where this should be!
We originally were thinking of starting out with land and pos...
Hey BP - apologies in advance for the naive question here: how do I know how much is too much to offer for a creative finance deal on an STR in a vacation only market?
Seems like the beauty of creative structures lik...