Looking to get in to my first deal. Targeting a single family home requiring zero to minimal repairs to rent out. The goal of the property will be cash flow. My thought is to hit a 70% LTV (which makes my down payment...

My "net" income for one of my rentals was $330 before PITI, PM fees ate $140 of that.  NET was reduced by 43%.  Consider that the next time you think someone else can manage better than you.  

Hello BP, so I was informed by my tenant today that she has been allowing a woman (friend of hers) above the age of 18 live with her for the past 1.5 months. The woman moved to Ohio from Texas and has gotten a job her...

I'm sure you've all heard the saying "live where you rent and rent what you own." Although I think most of us can agree that Grant Cardone is a salesman and a showman, is there any merit to what he's saying?My goal is...

Good evening all, new to bigger pockets. Can’t get enough of the podcasts and books. Plan to start investing in Single family homes. BRRR, flip. Or rental. Unsure if foreclosures or mls research is the best place to s...

Hey everyone, so I thought I was ready to buy a house but im a little lost. Here’s my situation. Currently I am averaging about $8-$10k a month with my part time job and my business in total. I write off everything I ...

Any fellow Alaskans on BP network?  I am a first time homebuyer based in Anchorage Alaska. I heard Alaska RE is different than L48. How much do you agree with that statement? Any Alaskan would know that RE especially ...

Would like to get some opinions. Prospective tenants looked at my rental. Put in an application and indicated they wanted to move in on the 12th. Have 5.2x the rent. They have bad credit, haven't given previous landlo...

Hello BP!Long story short, I've hired a law firm to form a single member LLC for the sole purpose of investing in rental properties.  However, when electing to be taxed as a sole proprietor (IRS default for single mem...

I have a house under contract. 245K purchase with ARV 425K. Rehab will be around 50K. It flooded and is currently in the post flood state. A portion of drywall, flooring and cabinets have been removed but there is no ...