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I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas. Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of t...
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As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
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Hey BP, currently residing in San Diego, Ca. Evaluating investing in multifamily & single-family homes in San Diego, however, from podcasts and seminars I have started attending, many investors mention San Diego i...
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Hello BP nation. First I would like to thank everyone here for being so awesome! : )I am new to this site and a new dad of a beautiful baby girl living in Toronto, Canada. I am a musician at heart and a real estate in...
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I think I might be blowing my own mind right now..."conventional" wisdom says max out your 401k contribution to lower your tax burden. 2013 was a good year for my 401k balance as the stock market was red hot (i have a...
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Hi BP,Though this is my first post, I’ve been following the BiggerPockets podcast and blogs since I moved to DC 3 years ago — it has really been inspirational and life changing for me. The power of the voices on this...
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Let me begin by briefly describing my scenario. I've been looking for a multi-family property in the NW Boston suburbs (i.e. Somerville, Watertown, Watertown, Medford, etc.) since the end of last summer. This will be ...
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Hi all,
I'm purchasing an investment property (residential rental duplex) and I'm wondering what the best legal entity to hold it in would be.
Purchase price: $479,000
Monthly cash flow: $1,500
Income will be ke...
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Last week I put under contract a real fixer upper. 140 year old all cypress framed ~1250 sq ft. 3/1.
I have it under contract for $16,500. Comparables in the area are selling in the $80-90,000 range, average listin...
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My company is trying to purchase REO's individually before they hit the market. In my area, the houses on the lower end of the price range, i.e. sub 300k are being bid on fairly aggressively.
We are all cash buyers ...