Hey guys, what would you do if you had 50 K cash? 1)  Pay off your house completely so you would be mortgage free (let’s pretend that’s your mortgage balance)2)  Buy a 250k multi family that brings you 1k per month i...

Hi BiggerPockets - I am considering writing a lengthy discussion on how to invest a large lump sum of money effectively. This topic comes up for discussion a LOT here on BiggerPockets, as it seems there are many reaso...

I have an applicant interested in one of the flats in my duplex, who has a stable job as an engineer at a large company and makes over 70k a year. However his credit score is quite low (around 550), and it shows he ha...

Hi Everyone,I am looking to purchasing my first Investment property and wanted to get some input from those with experience. The specific property I am looking at is a single family 2 bed 2 bath home with an office in...

New guy here hailing from a small town 40 minutes west of Houston,TX. I enjoy my work and I also lead the music for my local church. I'm currently the GM for a welding automation company in the Oil & Gas market th...

Hi Everyone! I’ve been listening to the BP podcast now for several weeks on my long commute to and from work and decided to start a profile and introduce myself. This sounds like a great community and I am excited to ...

Guys I need some advice. I am under contract for a 4plex. CoC (taking into account vacancy/cap ex and maintenance) is 16%. It is a class B or C. Schools are 9 and 10s.  One out of the 4 units is being renovated and we...

Hello,  My husband and I buy one or two homes a year, renovate it and sell it. Depending on the size of the home, it can take anywhere from three months to six or seven months to get it ready to sell. We usually sell ...

Hey BP people, we just closed out our newest project and wanted to share some details with you. This was a very unique situation that turned out awesome for everyone involved. We purchased a duplex for $420,000 (both ...

I am in the process of leasing out a rental unit. Its a low income neighborhood and the tenant had some financial hardships in the past which I have agreed to overlook in exchange for last month's rent up front (rathe...