At the moment this is theoretical but I'm sure I'm not the only newbie pondering this idea.I could potentially have 60k in cash if I did an early withdrawal from my 401.I'm in process of leaving my current company and...
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Hi everyone!My name is Mike and I am from Ruth, Michigan. It's located in Huron County near Lake Huron. I'm 33 years old. I am quite new to the REI world.How did I end up here at Bigger Pockets? Well I'm a homeowner a...
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Hi! My name is Matt Virgin and I am new to real estate investing. I live in Evansville, IN and I am focusing my investment efforts in my city. My business partner and I are beginning with wholesaling to build capital,...
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I want to keep this simple because I’ve seen a lot of people talk a lot about this topic but haven’t heard anyone break it down simply. I am attempting to find out what the best areas are around me to start looking fo...
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Hello, is there a golden ratio to the amount of Seed Capital that's wise to spend on different parts of the process? How much should, for example, go toward materials, compared to labour, etc.? Is there a ratio that w...
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When budgeting for expenses what is the average percent most investors take out for things such as vacancy,maintenance,property management,etc?
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I heard some people have their own companies (LLC) for their rental properties. Is it necesary to do so? Is there any tax or other benefits by having a company? I just began to learn real estate investment and becomin...
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Hello bp community! I’m Troy from Louisville, Kentucky and I am new to Real Estate investing. I closed on my first property three years ago, which is my primary residence and now I’m interested in either renting or se...
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I've been a member of BP for a while, and I absolutely love this site. For some reason I was under the stipulation that I couldn't post unless I bought a membership.
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I will soon be purchasing my 1st SFR. I see many options with good reviews for the management side (particularly Cozy and Tenant Cloud, for example). However, I will using a property manager and am not looking for t...