Hi everyone! I have been using BiggerPockets for real estate info for about a year now, but this is my first post. I’m looking to start investing long distance investing in the Midwest (likely Minnesota, my hometown) ...
Dear BP freinds we are now facing a tough situation of collecting rent. One tenant has been paying rent via auto pay on a platform we have agreed on. Somehow this month's rent first got deposited into our account and...
I keep seeing these life changing one year turn arounds in peoples lives.My main question is how do people buy 10 properties in one year considering the DTI Ratio?I am personally making 65k-70k/yr at my W2 job and can...
Hi Everyone! Long time lurker, first time posting.I’m 29 and my wife and I have a household income of around 200k. Our plan is to pay off our student loans then save up for an investment property. Currently the plan i...
I've heard the phrase "live where you like, invest where it makes sense" (or something like that). What's your opinion on investing in multiple states or investing far away from your home? Pros, cons, why it does/does...
I’ve talked with several lenders and have found a few that do have programs to loan within an LLC. The problem is the rates are so high (6.5% -8.5%) for a 30 year fixed that it would require me to get a really super p...
Step one was raising my credit score. I have done that. Step two was reliable income and learning about property management. I have been managing a 49 unit apartment building for almost two years now. During all of th...
Hi all. Someone with a dozen highly appreciated homes and condos that wants to sell them all off and roll it into a large NNN commercial property, has the challenge of timing, as its hard to sell 12 properties at one ...
So this may sound like a basic questions, but why is rent due on the first of the month? What about people who want to move during the middle of the month? Other bills in life are billed monthly, but the due date is b...
"If you want to grow, get out of your comfort zone."Hello all. I wanted to start this thread as a marker for the decision I made about two weeks ago after visiting family in Detroit for two weeks (and multiple prior v...