John Anderson
After almost a month, Lender Will Not Provide Payoff Amount!!!
Hi biggerpockets,Looking for some advice here. I purchased this home subject-to this past summer. The mortgage was pretty far behind, but even so it was a pretty decent deal at the time. Since it didn't make sense t...
Alex Mosqueda
how to find a reputable property management company
good evening BP community,
I am working on getting into my first investment property with multi family homes. I wanted to see what kinds of questions you all ask property management companies when vetting them to see ...
Bill Mcdonald
Newbie from Texas wanting to purchase REI's.
Hello - because of the inconstancy's of the Stock Market, I'm worried I won't have enough money to retire any time soon. I'm 60 years old and I'm self employed. When discussing the REI route wth my CPA, she mentione...
Joshua D.
Lines of credit or mortgage?
So since I started I purchased my first 2 properties with cash. First one a duplex with $22,000 all in and cashflowing $700 a month. Then a SFH for $30,000 all in and cashflowing $400. I then took a line of credit ou...
Vik C.
If I have homeowner's insurance and umbrella insurance, how badly can I get burned?
Let's assume I have both homeowner's insurance on a SFH rental as well as personal umbrella insurance. The SFH is owned in my name, not via LLC. Let's assume my umbrella policy covers me up to $10MM in liability, just...
Martin Senn
Self directed IRA
Does anyone have good experience with a company that offers Self Directed IRA accounts? I have an account with Equity Trust but there fees are high ($350/year) and the service is marginal.
Hanbin Y.
Is there such thing as turnkey apartment?
Hello, I'm just curious if there is any "turnkey" apartment in B/B+ neighborhood in the 750k-1M range? What does the actual number look like (no pro forma please)? Or is there such thing as turnkey apartment at all? I...
Elizabeth Hernandez
For Sale by Owner
Hi, I want to sell my single family house on my own. I am reinvesting a good portion of my equity into a side by side multifamily house. I plan to live in one of the apartments and rent or AIRBNB the other. Does anyon...
Jason Deck
Buy and hold in an IRA - Pros and Cons
Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...
Tim Haenn
401K Loan vs Personal IRA
I am in the early stages on evaluating some investment properties. I am currently a homeowner and this would not be an owner occupied home therefore I expect to put 20% down. To fund the 20% I'm considering all option...