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The problem of choice. I own one 4 unit property that I’d like to keep and use to help propel me into my next rental property. My issue: I have too many ideas running around in my head and I’m not sure what is my next...
Hello BP community! I am looking at purchasing my first investment property (SFR/long-term rental) and was wondering if it's better to buy this first property in my name or create an LLC (I'm aware of the liability pr...
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For book keeping or any other reason is it advisable to keep a separate checking/savings account combo for each individual property? Interested to get peoples opinions. Thank you!
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I get a feeling that there are no real opportunities in the single family home market due to below reasons.Almost 50% of your rent goes away towards expenses like property management, taxes, maintenance, capex, tenant...
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Hello biggerpockets family. My name is Jose Grimaldo and I'm out of Lubbock, TX. I really want to get started in real estate and not sure what to do. I currently have a home that I'm paying on and have about 20-30k in...
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I was reading the "Who pays $1300 for rent" thread and many of the replies mention ultra high rents in NYC & SF, etc. It made me wonder about "the numbers" that make high end rentals work for the owners. How muc...
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You acquire a property that as a renovation/rehab play, not necessarily just for the units themselves, but also improvements to be made to building systems and exterior . . . Let's say you already know the approximate...
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Hey BP folks - I'm a new investor and need some help getting over the challenge of getting deal number one.While there's a ton written about due diligence check lists / process, I'd like some advice on pre-LOI diligen...
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I have a question re Freddie Mac and Fennie Mae Loans - Multi Family. or any other Conforming loans.I just had a chat to a mortgage broker who advised me that to Qualify for these loans the buyer must have minim equit...
Hello all, my name is Warren and it’s always been a dream of mine to be able to own and manage properties for a living. With that said what are a few things you wish would’ve known before starting your journey into th...