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Hello everybody - I am a carpenter and my wife Molly and I are just starting out, trying to learn as much as possible before we find and buy a 4-plex with an FHA next fall. We are in our late 20's have a 3 month old d...
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Hi BP,Can I ask you all what are all your monthly reoccurring expenses for your STR? Like cleaners, cable, internet, etc?Thank you!Gulliver
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I have been looking into a business Line of Credit and have a few questions:- I notice that some people can obtain a huge Line of Credit based on a very small piece of collateral (let's say a $500k LOC on a $100k coll...
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I am a new agent looking to join a team. What are some things to look for when interviewing teams?Also, how do you split commissions as somebody brand new?
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I recently sold a few thousand dollars in stock that I’ve been accumulating over the past 4 years with the intention of buying and holding real estate. The plan was to acquire one rental before year end and two next y...
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Hello Everyone,
I am currently looking for 2 or 3 individuals in the DMV area that have the same level of interest and motivation in real estate investing. My goal is to buy my first Multi-Family rental property us...
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A little while ago I posted on BiggerPockets asking a question of whether or not I should quit my job, it basically said "I have a real estate investor friend that has about 60 rental properties and we've developed a...
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Recently, a socket caught fire in my rental property and the tenant was injured while putting out the fire. What can I expect from a contractual, insurance, or "unofficial" legal standpoint regarding the tenant's inju...
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I am from Illinois and I currently own a company to manage properties that I own, but want to start managing properties for others. I understand that I need to have an active Real Estate License to do this. I am not i...
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I am thinking of using my IRA to create a SDIRA, then creating an LLC to own a commercial building using funds from my SDIRA to build the building. Does anyone have experience on this process? Can I commingle my siste...