Hello BP family,
I have an opportunity to get a deal, the property ARV is @ 1.5M ...although the owner did a nice job in updating the units, there is major work that needs to be done to the exterior brick / which I b...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $55,000
Cash invested: $15,000
Sale price: $115,000
Straight forward fix and flip. Paint, Drywall, Kitchen and ...
If someone lends me $300,000 to purchase a property in cash, is it as simple as them just sending me the cash and me sending it back when the loan from the bank comes in ?In this specific deal, someone was going to s...
Open to any advice on the matter.Is it permissable to pause internet service to one tenant of 3 who live on a property due to late rent ? The other two will still have full access but giving that the internet is a ser...
Southwest Florida is one of the areas we are considering retiring in; we would like to buy a home to use as a vacation rental to assist with paying it off before we retire. We like the Fort Myers area but are open to...
I *finally* have though capital for a down payment on my first investment property. I plan on househacking a small multi family 2-4 units in CO. I own my current primary resident but will not be renting it out (my par...
Hello bigger pockets family!
How many LLC's should I have to ensure I am protected and correctly set up to do proper investing?
I've heard that you need at least 1 LLC but I've also read where you could do 3 LLC's.
Hi all,I recently purchased a 3 unit building that had undergone a full rehab. Most things turned out okay, but the heating systems were a worry during the closing process and that concern has proven justified. Each u...
Hoping for some advice about what to do with the home now that the divorce is final. Background: The home was purchased in 2015 for $206k. I am only one on the deed, but as part of the divorce decree there is to be...
Hi all, weird question time. My in-laws are retired and are cash rich but can't qualify for loans because they are on fixed incomes. Conversely, my son and daughter are working and have qualifying incomes but no dow...