Chad Acerboni
Lending options on a STR we have under contract?
Hi All - My business partner and I have an STR property under contract in Orlando, FL that is set to close mid-Janurary. Our goal is to put as little money down, ideally, 10% if possible. Happy to share details (locat...
Nerissa Marbury
After tenants moved out, I discover they had extra people & pets
After tenants moved out on June 30th, I discovered they had extra people & pets living at the house (both were explicitedly against the lease agreement). The house had excess wear and tear and damage that is above...
Richard Heineman
Velocity Banking Strategy
I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
Seth C.
Where do you keep your contingency funds?
This is my first BiggerPockets post as a new investor. I am curious, what types of accounts/investments are people using for maintenance/repair funds and/or rent deposits? Are there any rules of thumb in terms of perc...
Jason Malabute
tax prep and accounting cost
Hey BP Community,
I’m curious about how much other real estate investors are paying for their tax preparation services and accounting. Specifically:
1. Tax Prep Costs: What are you typically paying for tax pr...
Ayyoub Feza
Loan for second rental property
Hi, We have one loan for my house under my name, another loan for a rental property under my wife name. So if we want to buy another rental property who do you suggest to get the loan? Myself or my wife? We have same ...
Ethan S.
Which creditcard would you recommend to have?
I am looking for a new credit card. I have a nearly perfect credit score. I'm just wondering which card to get. I've been told to avoid cards that have annual fees and look for a card with high cash back rewards. I no...
Andrew Teng
Why BRRRR is not working for me?
Hi guys,Please let me know on why I am unable to utilize BRRRR strategy in my situation. I bought "property A" back in 2013, lived there for 2 years, and last year I bought "property B" and currently living in B. I r...
Fernando Angelucci
Make 800%+ with Little/No Money Down. The Gems of Seller Finance.
Hello BP Family,I was recently speaking with a buddy here on BP that is new to the game and is worried about how he is going to replace his and his wife's income. He just had a new baby in February (congrats Andy!) an...
Joey Arata
Got my duplex yes!... Now what??
I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...