Jarred S.
Thoughts on credit repair
I've read a few posts regarding credit repair. I went into a bit of debt while in college. I was hoping to hear others' perspective on paying for credit repair. For one, I do not know the costs of what it would take t...
Dave Versch
50% Rule clarification?
Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
Curtis M.
How do I structure the terms for my investor (first timer)
I'm a Real Estate newb. I'm a successful business person, but this is my first stab at real estate. Ultimately I want to do this to allow my brother to quit his blue collar job and do this with me full time. But I ...
J. Martin
1yr QUIT W2 anniversary. Lessons growing startup+ traveling world
It's been 1 year since I quit my W2 job with the help of BP, and couldn't be happier!As BP said, "Life isn't meant to be lived in a cubicle." I started the corporate world at $45k/yr, and left at $70K/yr. You don't ha...
Phil James
Need some advice...thinking about letting my property go to foreclosure.
I purchased an investment property 3 years ago. At the time of purchase it appraised for 96k. Over the last three years I have been losing about 10k a year on the property. I recently had it reappraised and the app...
Kris V.
30 year fixed mortgage to LLCs. Am I trying to find a Unicorn?!!
Hello BP!Full disclosure - Newbie investor trying to find the best combination of asset protection and lending terms.I have been talking to a few lenders in the Minneapolis, Minnesota area to line up my finances befor...
Account Closed
Financing an Investment Property WITHOUT Putting 20-25% Down
Hey BP, I'm looking for some advice I'm looking to purchase a property in a cheaper market a few hours away (I live and work in the Orange County, CA area, which tends to be a pricier market). Initially, when learning...
John Pearson
First Time Poster- Cash Out Refi or Sell
Hello, I would like some advice on a property that my family owns.It is two SFR's on one lot (detached) in LA County that was bought in the early 80's and is now owned free and clear. It has an NOI of ~30,000 and I th...
Jagpreet Singh
Building a Rental Portfolio Out of State
Hello Bigger Pockets Community,I’ve posted on here before regarding this same topic but due to personal matters, I had to delay the process. However, I am here now and ready to make a move!Objective: To purchase out o...
Jameson Sullivan
I am a Retail Broker - Here's some basics you should know before investing in retail.
Triple Net investments have gained a lot of popularity in the last 18 months and for good reason. There are lots of advantages that Triple Net investments have over other asset types, however, not every investment is ...