Alan Firth
$350k/year in passive income- what does your portfolio look like?
As a goal setting exercise and to be sure I'm focusing my education in the right areas I'd love your input on the following:I'm seeking 350k+/year in net passive income. How would you design the portfolio? What exact...
Simon Stahl
Ballpark cost for full gut rehab
Hi everyoneI think I have pretty much figured out how to estimate the costs of a light to moderate rehab. What I don't know right now is how to estimate a full gut rehab. I am not looking for an exact number, only a b...
Jeffrey Scholz
Is it always wrong to buy a newer house at retail?
Hello Bigger Pockets, First Post! Thanks for such a wonderful resource!Question: Is buying a house at retail really that undesirable?I’m speaking in the context of buying a house for long term rental income, not flipp...
Jeff L.
Mortgage Called Due Upon LLC Transfer
Hi.
I have 4 rental properties financed through 3 different mortgage companies. 2 of the 3 told me today that they would call the mortgage due if I transfer the property to an LLC.
I am waiting to hear back from the...
Chris Valencia
Long Distance Real Estate Investing - First Timer
Hello All,
I am a first-time homebuyer looking to take advantage of an FHA loan for my first multi-family property. I've been educating myself through BiggerPockets podcasts, reading forum threads, and speaking with...
Victor Latimer
300k to build 1100 SF 3/2 ADU or invest in stock market
Hello all. So I live in the south bay of Los Angeles (Torrance/Harbor Gateway). My primary property is a 3/2 1266 SF home on a 7500 lot. We have in a hand the permit to build a 3/2 1100 SF home in backyard. I I can ge...
Michelle Eisenberg
H&R Block/Turbo Tax vs. CPA
My partner and I live in the California Bay Area and just closed on our first buy and hold SFH in St. Louis, MO. We're still getting it rent-ready, but we'll hopefully have a tenant in soon. That means that for the fi...
James Wagner
NEED ADVICE! Tenants breaking lease 2 days before move in
Fellow Landlords,My tenants are trying to back out of the lease 2 days before they move in. Any advice would be great. Here's the background:I have a 1973 SFH in Wichita Falls, TX. 4/2, 2143 sq ft on a corner lot. I a...
Michael Lee
Offers Getting Rejected Left n Right
Hello all,It's been a frustrating couple weeks for me as I've been making offers to try and purchase a 2nd rental property so thought I'd ask for some feedback and/or tips on how to get better at this moving forward. ...
Ciji Masser
Investors who started in late 30’s with multiple children
Hello All,Josh and I are newbies to real estate. We are absorbing as much information as possible and setting goals. We are currently in our late 30’s and have 4 school age children. Over the past year we have been ab...