Here's my situation. I'm seeking a mortgage on a duplex. I'm self employed. I have a seasonal lawn care business. My plan is to actually get a job in the restaurant business (for the winter and temper hours during the...
Hello BP!What has your experience been with allowing tenants to deposit their rent payments into your account at the bank? Has anyone experienced a time when the tenant made a withdrawl? Also, in terms of setting up A...
Hey BP folks,I am currently looking into starting my investment career by purchasing my first multifamily house. A few observations or thoughts I have after running number on deals as they pop are as follows. Initia...
Hey everyone, I’m a RE investor buying SFH so far and I’m ready to buy my first multi family property, up to 10-12 units, depending on the market. I’m trying to find out which markets can offer me multi family with a ...
Hello BP. Well the time had finally come after all the books, research, and searching for a property that fits my investment strategy; I've bought my first house cash. It was a foreclosure the is distressed. I should ...
I am considering starting a s corperation to own my LLC's that I keep my rental properties in. From what I understand I could pay my self a small management salary of something like $6000-6500 per year, and receive th...
Well, I’ve had my first taste of a scam being run on my (1st ) rental. Our agent put it on the market in mid-February 2011 and we signed a rental agreement with tenants just last week. Apparently, someone has been...
Hi Everyone, we have been acquiring single family rentals (>10% cap rate) in St.Paul and Minneapolis the last 12 months and we are noticing the demand for affordable single family rental (1100 - 1500) is increasin...
Good afternoon Bigger Pockets world. I have recently started educating myself on the housing market. I thought it would be a good start for me to acquire my real estate license.e As a full time employee in construct...
Hey Guys, I was able to receive a tax delinquent list and I'm trying to sort through the information. The accounts have certificates on them with interest rates. Can I do anything with this list? If you have any info ...