I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
I am really struggling with this decision. I own a home in Santa Clara, CA with over $500,000 equity. Maybe as much as 6-800,000 in equity. We will be moving to Idaho next summer. We have a daughter who will be start...
I own a couple rental properties and only recently found the world of BiggerPockets! What a game changer.. I wish I had found it 4 years ago before I started buying lol. Anyways, I read/hear about people cash flowing ...
So, recently I've been interested in possibly buying a plot of land near Colorado Springs, CO and developing it into an RV Storage Facility. I have been interested in self storage for a bit, but it seems like it's too...
Hey all, I currently have a primary and rental. Not sure what to do for my next move. Contemplating selling the rental to get some cash for a new primary and renting out our current primary. Wife and I really want to...
I have a couple of duplexes (upper and lower in each building) and each duplex has one furnace for both upper and lower units, I am paying the utilities right now, but would really like to have the tenants pay for ...
My rental has a driveway for two cars where tenants park their cars. They also can park on the street next to the house with 4 free township parking permits which they got. It happens that there is a large walnut tree...
Hello BP,I read someone's investing strategy on a blog post recently, and I found it quite interesting. They rent out apartments, houses and condos, and turn them into AirBnB's. They make a profit off of the rental in...
We bought a foreclosure in 2008 in Sacramento County that had a large addition and we didn't check for permits. I know, I've learned a valuable lesson.
We were trying to refinance the property and for whatever reaso...
HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...