Account Closed
First Rental Property Analysis
Hello all! I am looking at analysis my first property I want to purchase off of the MLS. It is a 3/2/2/ BRICK build in 1997. The numbers are below.Purchase Price 91,0002015 Taxes 2400 ...
Daniel T Stockman
Level Up or Stay Put?
I have a question and it revolves around selling a property. Let me outline the situation:- We purchased a property in 2021 for $245k and now we can sell it for $350k. We currently have a 2.99% interest rate.- The pr...
Brian Ellis
Trust Vs LLC & S-Corp
Ive been trying to research the pros and cons of each. It is really confusing.I spoke with my lawyer, and he suggests putting my rental property into a trust.My goal is to buy and hold very long term (sell when it mak...
Matt E.
Wisconsin- low appraisal a deal breaker?
Last night the appraisal came in ahead of my first deal. The property was valued at $153,000. My offer was $178,000. The 2010 appraised value was $172,000; rent has increased and they've made improvements to the pr...
George M.
Another Rent vs. Sell Scenario: One Marshmallow now? Or Many Marshmallows later?
Hi BP,New to the forums here, tho I've listened to a couple podcasts and am anxious to get started. My wife and I currently live in a SFH that we bought in 2010 and are planning to move out soon to a different proper...
Trevor Bingham
Noob with analysis paralysis.... help.
I'm new to the whole shebang. I'm been reading and learning about real estate from the bigger pockets crew for almost 9 months, but I have yet to pull the trigger. My travels on the real estate highway have landed me ...
Darren Love
Can I Evict This Tenet?
I want to start by first mentioning that I'm from the Chicagoland area. And the tenet I'm about to talk about has been a nice quiet tenet for as long as I have known them, so this surprises me. She complained about du...
Adam Craig
Do you have a bunch of checking accounts?
Right now I have 5 different checking accounts for 5 different rental properties to keep everything separate. Is this common practice? Seems like when I am at 20 houses, having 20 checking accounts/20 debit cards/ ...
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Getting Started In Pre-Construction Investing?
What is Preconstruction Investing?
In this post I’m going to show you what preconstruction investing is, and what it isn’t. It’s easily confused with other types of property sales (like timeshares, for example).
I...
Jeff Goddard
HELOC as alternative to conventional fixed mtg...
This is a bit long so.... I am wondering if any of the BP members have heard anything about using a HELOC to replace a fixed or traditional mortgage??I recently came across a u tube video of a fellow in Hawaii whose...