Evan Hacker
American Abroad: Investing from China
Hello BP Community,
I am an American currently living and working in China. I have been interested in getting into REI for 5 years and have been saving up as much as possible.
I believe I have enough for a down paym...
Don G.
Ready to purchase second multi, but all out of cash for the down payment? Options?
Newbie here. I just purchased my first duplex…we closed two weeks ago. Positive cash is good. We’re set on cruise control. Good renters, property management is solid, I’m out of state. Now I want to do it again…the pr...
Grant Anderson
Indianapolis Rental Property Appliances
I just bought a couple rental properties in Indianapolis. They are in decent areas where rents are between $1,100-$1,300. Two of them did not have a refrigerator, is it customary to provide a refrigerator in Indianapo...
Shane Woolsey
Investor payout problem
Good Morning,I am trying to figure out this distribution to avoid future fights. Say a $3M property is owned 3 guys. Max contributes another $1M to the property so his ownership percentage increases to 50%. Later the ...
Yuriy Tymoshenko
Meal receipts and Taxes
Good time of the day to everyone! How do you treat your expenses for eating while you working on your property away from home?I purchase and renovate my own properties. While I am renovating my properties I am forced...
Devon Martin
A question about the 2% rule
I’m planning on starting my investment career by house hacking probably a duplex. With the 2% rule, if I’m going to be living in one half of the building, should I look to achieve only 1% of value of the entire buildi...
Enrique Garibay
New Real Estate Investor
Hi everyone,I’m a rookie real estate investor who came across bigger pockets after reading through the investing with little to no money down book. Currently have a 2 bed 2 bath condo as my primary residence that I’ve...
Shane Sitzman
lender offered interest rates
Sorry guys, I have a quick question and being deployed I don't have the means to find everything I need. I'm trying to work a deal while away and I just got rates from my lender.
Tell me if I'm crazy, but he offere...
Scott Leuchtmann
Need help on writing an offer
I'm a newbie still working on getting my first rental. My property manager brought me a great off market deal. The purchase price and rehab combined make 70% of the ARV - perfect BRRRR. It's in the neighborhood I've b...
Jared Kulp
cash only? REO
This might be a simple question but I would like some input. I've been watching a house on the mls that is listed as a "REO and cash buyers only." How flexible is this? I've discussed with a lender about financing a d...