My wife and I bought a condo in GA in 2013. We lived here for 3 years and then started renting it and have had great success so far. I have a question about structuring the rental within an LLC. The loan is in our nam...
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My situation. I am evaluating a property that I am considering purchasing as an my first investment property. It is a house that has a one (1) 2 bed/ 2 bath downstairs & two (2) 1 bedroom/1 bathroom rent read...
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Hello BP Community! Brian here. I just wanted to immerse myself in the forums by introducing myself, and hopefully make a few connections in the area. I was pointed to Bigger Pockets by my real estate agent, after exp...
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I am thinking about looking at multiplexes for a house-hacking/investment property. I was wondering if anybody investing in or around the 90035 zip code had thoughts on the applicability of the 50% or 2% rule. If th...
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Hi Folks,As the title suggests, I'm looking at an owner finance deal (6 residential units plus 3 commercial spaces,485k asking price) and I think they'd consider an offer with 50k down. I have about 20k available at t...
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Here's the numbers let me know what you think.
Old house that has been split into three 1 bed apartments. Low income but not warzone.
Asking price: $24,900
Fully rented at $1200/month (3 x $400)
Taxes are $575/ye...
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Is it necessary or a good idea to have liquid assets available when using a hard money lender for a flip?
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Hello Big Pocketeers!I am in dire need of help coming up with a counter offer for my primary residence which I am selling. Long story short, we want out of the house so that we can have more money to buy our first inv...
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Hello Agents,I am looking for tips on generating leads in a new place as a new agent. From what I've seen a large part of generating leads is reaching out to your sphere of influence. What is the best way to generate ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $60,000
Sale price: $190,000
SFR 1548sq ft 3 bdrm, 1.5 bath. Gut remodel, new drain,elec...