Hi All,My investment partner and I are currently conducting some early research on strong areas to purchase a cash flow rental, likely in late 2023/early 2024 (our first foray into real estate investing). We have fami...
Hi all,I've struggled for weeks to get a definitive answer to this, and am hoping the magic of the BP community comes through here: how do I calculate a rental property's total depreciation amount from which 25% will ...
Hello Everyone,
I'm considering purchasing a property in Champaign, IL, and I'd love to hear your thoughts and advice. The property in question will have a mortgage interest rate of 7% with a 25% down payment. Additi...
Hello BP World,Im not sure if this is the correct location but I am just starting/working my way through my first rehab and trying to build my team. I just have what should be a quick question....Im in North Central I...
I've just recently listed my 4bd/2ba single family home for rent (long term). In addition to receiving interest from people wanting to sign on for 1+ years, I've also received a couple messages inquiring about using m...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $390,000
Cash invested: $25,000
House hacking is a strategy that involves reducing or eliminating your housing cost...
Hello all,
Following my recent post about house hacking, I wanted to write a little bit about investing in Padsplits. We see a lot of clients looking for Padsplit properties and I thought I’d share what we look for....
Hello bigger pockets!
I am a new member living in Clayton, just outside of raleigh. Currently listening to podcasts and reading all that I can until I am ready to make the jump into investing. I am interested in fix ...
We have a STR on a river that would be great for float tubing. Was hoping to hear about others' experience, rates, additional deposit, etc.
I am primarily confused with how to get my money out to repeat the process.
Let's say I use HML and put 20% down on a 100k property so I get an 80k loan from the HML. The rehab cost is 50k borrowed from HML. The clos...