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Hi!I've been doing a ton of research over the last few months and feel like I've got a pretty good handle on the expenses. Every once in a while though, I hear on the podcast some unforeseen expense that an investor r...
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Got my first house under contract. One thing I'm doing in my due diligence is deciding how much to invest in rehab. Seems like a potential good rental to keep.Purchase: 140k (3BR/2BA, 1550 sq ft w/2 car garage, Founta...
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If I’m a first time buyer, wouldn’t I qualify for a 3.5% down payment , and could I buy a home , and then do a quick claim deed ( warranty deed) over to my LLC for quad plex I’m looking to buy, and I would I guess hou...
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Hello, I'm just getting started. I'm listening to BP podcasts and webinars, reading books, taking notes so I'm learning all I can to start investing at the turn of the year.I want to get one property under contract, s...
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My business partner is on pace to manage 100+ units at some point next year. We are brainstorming our options.. whether to outsource the management.. whether to keep in house and develop good systems. Any thoughts on ...
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I'm sitting here at the St. Louis airport after looking at over 15 4 plexes all over St. Louis over the last 2 days. Here are the numbers for a 4 plex in St. Louis:
Price: $129,500
Units: 4 plex
Down: 20% $25,900
C...
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Hello BiggerPockets Members!I think I may have found our first potential fix and flip deal. The woman who owns the home is moving into a nursing home and her kids live out of state. One of the sons asked a friend of m...
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I'm a newbie when it come to income property so I have a question about how the taxes work and what I should do to prepare for tax season. I want to ensure I do this the correct way.I've been in my house since Dec 20...
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I have a motivated seller that would like to sell but cannot due to some restrictions in his area. If he were to sell any time in the next 15 years, the new buyer would need to meet a long list of low-income requirem...