Hello, I'm considering building a spec home due to the lack of inventory for rehabs. I'm wondering if I should find a "builder" who has experience building houses or if I should be able to keep using the current cont...

Hello!So we have our first tenant and I'm already starting to collect money from them, but I'm not entirely sure how I should handle their money... Do I need to create a business bank account? Can I just create a sepe...

My neighbor/friend and I are going to take the plunge and go in to business together.  We are going to start simple and go 50/50 with an LLC.  We are looking to but rental properties for cash flow with the goal of buy...

We have a rental property that is now vacant in a C-class area. Monthly mortgage amount is $780/month (PITI).  Market rent is $1,300/month. Loan amount left is $132,000.If we list it, we can sell at $205k and assuming...

Hi,I am moving to Beaumont, Texas for work this fall and am contemplating on what to purchase/do to plan ahead. I was thinking of buying a home and trying to rent to several coworkers. Is there any advice on my first ...

Hi BP,I currently have a property on my radar that has the potential to be a great deal.  I have spoke with the listing agent and set up a showing for next weekend.  However, they are requesting that I provide proof o...

Good afternoon!I am wondering if anybody has some insight on homeowners insurance that is not going to break the bank.  I am moving into a 3 Unit Multifamily property that i am closing on relatively soon.  I am shoppi...

Hello!  I'm a real estate agent and an attorney (not practicing).  My brother-in-law is a licensed contractor. We are ready to start investing and need some advice on starting an LLC and bank accounts.  I know some in...

I am kind of an accidental landlord in San Jose in that we moved to a new house but did not need to sell our old one. We have been renting it out and making a little bit of profit but nothing to write home about. Howe...

I'm so excited I stumbled upon the bigger pockets forum. I was about to get suckered into spending 30K to get my real estate education, but after reading some posts on BP I decided against it. I feel with my determina...