I'm working on finding a rental property as my first deal. For right now, I'm focusing on pretty much turn-key properties. If I stick with this and spend all of my money allocated for real estate on this first prope...
We are buy and hold investors primarily seeking cash flow that we live on. We typically buy SFR fixers and do some "forced appreciation". Our portfolio is still in the growth stage and we would like to acquire a few m...
Hi BP,I’d like to generate a fresh thread to address an issue that is catching many new investors by surprise: The 6-month Seasoning period.I’m now on my 3rd Rental. It was time to give the BRRRR strategy a try. I pur...
I'm a new landlord and not quite sure what to do in this situation, so any advice is greatly appreciated. My tenant asked me today if I would replace the oven (gas stovetop) because it has a lot of tiny grease stains ...
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
Hello everyone,Today I signed up for BiggerPockets. I am a fifteen year old boy living in Texas, and my name is Adrian. I don't know if I'm posting this in the right thread, so please tell me if I'm not. I have this c...
Blood bath is dramatic, but hoping to get some conversation going on this. lol. Homeowners across the state of Texas are getting jaw-dropping tax notices in the mail this month. Huge reassessments of value on their p...
Anyone considering investing in this town i just wanted to give my 1 year of experience and advice. Bottom line, don't do what i did. 1) Don't buy through a turnkey provider -they promise they are doing amazing renova...
Hello,I own 2 properties (1 sf, 1 duplex) in Minnesota, and find that the rules, fees, tenant laws, taxes, etc. In Minneapolis are making it very hard to be profitable. The best thing i seem to have going is appreciat...
What do you guys do, double close so the end buyer doesn't see how much profit you made or you do an assignments of a contract?I typically do double closing (and pay extra closing fees $500-$1000) for double closing (...