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Hi there,I'd be interested in the collective wisdom of the Bigger Pockets community on anything that might stand in the way of solving a problem for house rich/cash poor homeowners while giving investors a leveraged r...
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I want to purchase a Triplex in North Carolina and 2 of the units have been renovated but one has not. The renovated units are renting for $650 each and have a one year lease. The other unit is renting for $325 on ...
Putting an offer on a house with Ocwen as the bank. Place has been winterized since 2013 and vacant since 2012. Not in the foreclosure circuit yet as far as we can tell. Anyway I've heard some horror stories before wi...
I recently formed a new LLC that will be involved in buy/sell, and buy/hold transactions. I read around online that stated I should go ahead and file form 2553 to be taxed as an S-Corp. I called a CPA for advice on it...
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I am in the process of looking interviewing property managers. In my initial email to one of them, I asked for what they charge and he said for single family houses, they charge 1 months rent per year.
I own three 4...
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I read the guide for first time investor and the rule of thumb for return on renting is 2% which mean if my property is 100 then my monthly return is 2k. I personal think this number is way too out of reach anywhere i...
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Hey everyone, my name is Stephen and I'm from Winthrop, Maine. A friend of mine directed me to the BP community after learning of my interest in real estate investing. I have been interested for many years, but anothe...
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I do many different kinds of investing deals and one of the deals I like to do is flipping. I’ve built a business that can scale it (so I’m not the one doing the demo or adding baseboards). If you want to flip more de...
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I'm working a full time job and am beginning the process of doing my first live in fix and flip. Is conventional financing my best option? And does a 203k loan require me to hire a licensed general contractor? I plan ...
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Is this a thing? I'm considering making an offer on a multi-family. This would be my first multi-unit purchase. The only problem is that it does not cash-flow due to the owner paying ALL utilities. I don't want to st...