Hi Everyone,When you are flipping a house which things do you spend on that give you a good ROI and what things should be avoided. I'm in the st. louis area and the market I'm targeting middle class areas where a 3 be...
Hello,I couldn't decide how to take title of a REO we just got under contract. In case we wanted to BRRR, I put the contract in name of my spouse and I to make delayed financing easier. One day later, I regret that ...
I am brand new to real estate investing and I am looking for ways to get involved ASAP. I have heard a lot of good things about home equity loans or home equity lines of credit, but I cannot seem to see the bigger pi...
Hello,
I bumped into a lady today and she said she runs an REICLUB in DFW. I asked her what her response rate is for direct mail. She said that if she does a 1,000 postcards she would get maybe 2-3 calls.
Those n...
Hi Everyone,Does anyone know if you still get taxed on capital gains if you do a 1031 exchange and you only put some of your sale profit into a new property?For example - you make a total profit of $545,000 before cap...
Hello, I am interested in purchasing buy and hold out of state 2-4 unit properties in the next year. I understand when doing the math to calculate cash flow, after PITI, you still need to factor in property management...
I was listening the recent episode of the Note MBA podcast (great resource) and they were discussing investing in non-performing 2nd liens. I became very intrigued on the topic but I wanted to get some feedback from a...
Hello,How can I sell a property with 15 year lease for a profit after 5 years? For example: I buy a commercial property for 1 million, NNN with a cap rate of 5% and 15 year lease. Hypothetically, after 5 years there...
Hello Bigger Pockets Family!
I'm Justin and I am a San Diego native, born and raised in sunny San Diego. I've never really thought to be financially responsible and kind of just worked and pay bills. But I recently c...
In one unit of the duplex we're looking at there is an upstairs that leads to a bedroom, bathroom and another bedroom that is not closed off (sort of like a loft space). Essentially you have to walk through the open b...