I'm looking to purchase a duplex using the BRRR method. I'm concerned about the ARV due to there not being any comps in the area. Even as far out as 1 year. My question is - How will an appraiser appraise the property...

Hello All,

Have been a lurker here for awhile then it dawned on me. There are many REI'ers out there that have websites (probably paid a pretty penny for some) but received Zero Training on how to properly mark...

Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...

Hello Bigger Pockets,I am looking to buy in Baltimore Md to rent to Section 8 qualified tenants. What are everyone's thoughts of section 8? I've seen some horror stories on YouTube but believe the program can be very ...

I have been procrastinating on writing my business plan. I have a "good" excuse. I wanted to make up my mind once and for all what kind of entity I wanted to go with before I committed any thing to writing.  After all...

Even though my unit is considered a condo, it is a 2-story townhome with a basement. I was single 8 years ago when I purchased this home with excellent credit and had more than 50% to put as a down payment (my mor...

I've been on BiggerPockets but never really took part in any of the forums. I decided to go Pro to show I'm taking this business seriously. I'm in the northern New Jersey area ( close to NYC) where I'm looking to star...

Here is a problem that I am having with people who are saying they are private lenders. You will hear them say that it’s all hard money. They say this because of the interest rates. Little do these people who say they...

I have been noticing a trend. And the trend goes like this: the return on investment for those attending 4-year universities is decreasing substantially. For the amount you pay to attend college, it is in many cases n...

Hi BP!My wife and I purchased an 18 unit multifamily in December.  The building is full of mostly great people, but there was one fellow that always smelled like pot.  We talked to him about it but the odors continued...