Hi allI'm sure I'm not the first person to deal with this issue and hoping for some advice from all the great experience on BP. I'm a SFR buy and hold investor who is very remote from my properties and so I retain a p...
Hi Folks!Biggerpockets has always been a great resource for me, so I wanted to give back a bit to the community.I understand that investing in Toronto makes me a bit unique amongst investors, so I wanted to open up th...
Good morning,I had a real estate investor friend, that is also new to real estate investing, mention that a self-directed 401k or IRA can be helpful for tax purposes. I am looking for assistance in finding correct/hel...
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...
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 ...
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...
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...
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...
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...
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...