My husband and I just purchased our first investment property in Naples, Fl. The condo's kitchen and bathrooms need quite a bit of updating before we can start looking for a tenant to move in.  The only problem is tha...

Would you guys agree that :1. North Boylan, Eastside of Warehouse District, Battery Heights, and Quarry Hill are the worst parts in Releigh ? Should 27610 and 27601 zip code be avoided in Releigh?2. is the 27514 the w...

Hello to the BP community.  I have been so impressed by many of you that have simply given back to the community with great guidance and worth a lot!  Looking for your guidance once more on a simple topic:  Where shou...

My boyfriend is 23 and has been on his mothers leases since he turned 18. I moved in with him six months ago with him and his mother and siblings and her mothers ‘fiancee’. After I moved in I immediately set out to cl...

Hello all,My name is Michael Holland and I wondered across the Biggerpockets pod cast on YouTube and decided to join the forum.    I am 33 years old  and a 14 year Air Force veteran.    I was recently separated becaus...

I'm assessing a commercial property (occupied by a major automotive service tenant) and the seller has completed a Phase1, Phase2, and a Phase2 supplemental report as part of the seller due diligence package. The fina...

I recently purchased a fixer upper that I will use as a vacation home. I won't be there in the winter and want to protect my water pipes. The plan is to remove the water meter each fall, blow out the pipes with an ...

Hi Everyone,Since I don't want to leave money on the table, can someone please give me the "in a nutshell" explanation to the following questions:1) Should I set up a revocable or irrevocable land trust on each proper...

Hello,

These are made up figures. I just want to see if I am calculating this correctly. Any advice/opinions are welcome.

Thank you.

Bought for 280,000

20% down payment = $56,000 ( $280,000 x 20% = $56,000 )

lo...

BP Fam -
I currently live in Southern California and I'm looking to invest in my first multifamily property. (Duplex, Triplex, or Fourplex) However, I'm looking for it to be out of state. Being in this area, I do no...