Adam Meadows
The Psychology of Starting Out
Hello BP Family,I've been considering this topic over the past few weeks, as my wife and I have begun the journey of real estate investing. I thought I'd share my perspective with attention to the psychology of this p...
Jim Sullivan
Should I overpay for my first property?
Hi all,As a new investor, Is there ever a situation where you might overpay for your first property just to get started? $375K for a 3-flat currently getting $2800/month in rent. My lender has already told me I can pu...
Tayo O.
Investor Friendly Down Payment Assistance Programs
Hi All,Does anyone know of any programs in Chicago or Illinois in general that would be worth looking into for assistance with down payment or closing costs? From my research, I have come across programs that favor fi...
Lindley Garcia
Just got my 1st rental property - should I set up an LLC?
I just closed escrow for our first short term vacation rental property. Should I set up an LLC or do I just operate as a Sole Proprietorships? Need your expert advise please. Thank you.
Andy Tang
Milwaukee vs Cincinnati
Hello Everyone,
New investor here. I recently purchased a condo in California and realized it was a “So so” investment. The real benefit, was that it helped build the confidence I needed to get started in real estate...
Andrea Eble
Flip or Rent?
I'm closing on my first investment property next week and am having 2nd thoughts about my strategy moving forward. I was planning to use this property as a rental but am considering flipping it instead. I took out a c...
Sam Duisterhof
First Post including Rough Draft Business Plan
Bigger Pockets Community, I am excited to start my REI journey and I wanted to get my first post out so I can start become more active in this community. I am completely new to real estate but I'm finding immense valu...
C'era Oliveira
What makes a good wholesaler?
Hi all! I'm new to real estate and I am planning on investing this year! One of my first goals is to wholesale and it seems like my best option considering my financial situation. I plan on using the money that I earn...
Julia Taylor
Getting pre-approved for refi BEFORE writing all-cash offer?
My husband and I are first-time investors. If I am understanding the refi chapter of the BRRRR book correctly, David advises getting pre-approved for a refi BEFORE you even put a cash offer on a home. Am I understandi...
Bryan Zayac
Why not Construction Mortgage for Investment Properties?
Last year I bought my first home using a Future Value of Appraised Home - a construction mortgage.It was a 5 BR/1.5B on 0.4 acres (big lot for the area), in the Scranton, PA area that was quite dated and needed a lot ...