Hey BP World,I've recently started my journey down the road of Real Estate Investing, currently educating myself on the basics and the local market. My Question is how long did it take before you felt comfortable to p...
Hello BP,I have reviewed many potential apartment deals marketed by different sponsors. While all of them were unique, most of them had one thing in common: they were underwritten for 10% economic vacancy (or less!) s...
Hello EveryoneI have recently purchased 2 SF homes in Scottsdale, AZ, and they each have a pool. I have never owned a SF home with a pool. I am wondering about liability as far as the pool is concerned, as I am in t...
Hi BP,My turnkey long distance investment in Memphis TN went okay until the tenant stopped paying her rent last August.The PM evicted the tenant last December (several months of non payment). I had to pay $5500 rehab ...
I've heard on biggerpockets podcast hosts suggest you to keep on searching for Credit solutions, even after one bank has declined your application, so i wanted to know how does shopping around affect your credit? Do y...
My wife and I are planning to move to Orlando, Florida at the end of the year. We currently own a 2-unit multifamily home in Providence, Rhode Island. We want to keep this house as a rental property and buy a new prop...
I tried so hard last summer to begin investing as a flipper. I simply could not compete with cash buyers and my RE agent kept telling me that my renovation expectations were too unrealistic (she was thinking it would ...
BP!I have been dedicating my time, energy, and resources to understand and find mobile home parks for sale in Craven, Carteret, and Onslow County areas in North Carolina. I found a park in Newport, NC that may have po...
I recently attended a bootcamp where one of the speakers was a tax guy. He was apoplectic when he talked about CPAs who set up clients in LLCs with an S-corp tax election in part to save on self-employment taxes. Swea...
I have a question about a scenario i am unsure about.
Is it possible for me to get a hard money loan to purchase a house that need rehabbing, than after i am done fixing it up i decide i want to live in it.
Can i ...