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Hello to all! ....It's lengthy#Biggerpockets has been an awesome resource for me for the last few months while getting into REI.When I sign up on a forum (any forum) I get really hyped up on how I am going to be acti...
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Just finished my first deal, a BRRRR triplex in Norfolk, VABUY: 2400 sqft triplex:1) 1bd/1ba 550sqft @ $550/mo2) 1bd/1ba 625 sqft @ $600/mo3) 2bd/1ba 1250sqft @ $800/moPurchase Price: 136kRehab Budget: 60kExpected ARV...
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So my insurance is deducted from my rental payments and i see it noted every year on my statements but see no documentation from them showing me insurance is in place. The water was turned off between tenants and when...
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I've been a landlord since 2008, but only about six months ago did I decide I wanted to get more serious about real estate investing. I'm an engineer by day, which is why every time I hear an investor or a guru say th...
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I'll try to keep this brief. I have a rental property in Charlotte, NC and the gas fireplace hasn't worked for awhile. While my property manager was in the process of getting an estimate, the tenant (without approva...
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Working full time while attempting to invest. If my goals are to leverage RE for financial freedom, should I still max out retirement accounts?
1. Roth 401k vs 401k?
2. Open a Roth IRA as well?
Trying to figure out...
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Top ten reasons you will lose money on your first BRRRR. This list has been pulled directly from the school of hard knocksGenerally speaking and based on NY building code1. You think the cheapest house has the most m...
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Hi Everyone,In a casual conversation the other day a friend said: 'You can't look for a quick return. Any money made will be over the long term.'That has been bugging me ever since he said it.Here's my question...Wher...
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Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
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I realize I sound very defeated and that is because I am. I have been investing for seven years and I think I am done. I do complete background checks of criminal, credit, references, income, everything like I shoul...