I would like to purchase my first investment property early next year. Targeting either a single family or small multifamily to implement the BRRRR strategy. After chatting with a friend (who is also my CPA), he ment...
My wife and I are in the process of purchasing a condo for my mother in law to live in. Through the use of the strategies I learned on BP I found an off market deal from a landlord that is wanting to sell.
We have a...
Hi everyone! Thanks for having me here on Bigger Pockets, I am a new member from Kelowna, BC. I'd love to chat with anyone in my area, I have so many questions! I am so excited to be part of a community that shares my...
I was told by a colleague that HUD will increase your rent by 5% each year if you make a request for the increase. Has anyone gone through this process if so what is it I need to do to get this 5% increase? Thanks in ...
the property is located in Indiana. I may be considering doing a "lease option" but I am concerned about the renter defaulting.Other than stating penalties for late payments what can I expect should I need to evict them?
Hello I get the whole method of Brrrr but I don't understand the refinance? I know it means you take out another loan to pay another loan which I think I am correct lol. But I don't understand ain't that beating the p...
Hi BP community, I am new to the forums but have been lurking for a while and listening to the podcasts as well. I am new to investing in real estate on my own and in addition just moved to the Albuquerque area for a...
Hello,Our back up contract was unexpectedly accepted so the timing on everything shifted before we had everything lined up. Hence, we are about to close on a mortgage for an investment property and we are in the appli...
I mailed my application last week and am now waiting for the results. I have a few questions and would really appreciate it if someone could help answer them. I searched online but couldn't find any answers.
What doe...
I’m currently under contract on a mixed-use property that is zoned for CB (Commercial Business). The ground floor is occupied by a commercial restaurant, and the upper floor is designated as SRO (Single Room Occupancy...