I have been bouncing around this idea for a few weeks. I currently have a debt free duplex valued at $185,000 that does $2,000 a month and a 7 unit building that has a lean against the building for a personal business...
I really need some advice and counsel. I own a house in the uptown charlotte area. Which mean downtown they just call it uptown. An investment firm is building the following right beside me. They have bought all of th...
Hey BP! I'd love to hear anyone's experience using the BRRRR strategy. What are some key takeaways from your experience?What's some things you would do different?What are the advantages to this strategy?Can you share/...
Thanks for reading my first post on Bigger Pockets. I need your advice. In 2015 my wife and I sold our home in LA for a healthy profit and moved to SLC. I knew nothing about real estate, but listened to my CPA and dec...
Hey everyone! My husband and I just did our first unplanned flip and are currently looking for property to reinvest our gains in(1031). I decided to share our story on fb(good idea or not, I'm not sure) to get the wor...
We're beginning to hear from all over that retail stores are closing and at a very high rate. Amazon and online shopping alike has made it convenient and easy for us to do a one stop shop for things from groceries to ...
I am a recent property owner and BP member. Things didn’t start too well and I would appreciate any advice on what I should do if the situation does not improve :End of october 2013 I bought two rehabilitated houses i...
While I know the 50% rule isn't always a direct measurement of things, for this purpose I am going to assume it is. So, being a newbie, it is my understanding that 50% rule simply states that 50% goes to costs of prop...
Hello everyone. I was hoping I could find an answer to my question by reviewing prior posts, but so far no luck, so I figured I would just go ahead and ask.I have a tenant who left a pig sty upon his departure. The pr...
I’m in the process of purchasing 2 properties both are Duplex and all 4 units have tenants. I’m currently lost on what type of insurance to get. I currently use Liberty Mutual for my home. However I’m hearing things ...