Jaime Camargo
New investor in Chicago , ready to start making moves
My name is Jaime Camargo, born and raised in Chicago. I have been saving for the last 16 months and feel I have a good amount of capital to start investing . I’m looking to meet investors in Chicago to talk about the...
William J Winch
A far away rental property was gifted to us. How to report rental income?
A year and a half ago, my mother-in-law gave my wife and I her 5-bedroom house in California. We live in NJ, didn’t have any interest in moving to CA, and wanted to sell it, but my brother-in-law said that he would l...
Account Closed
Should I sell my main home?
Here’s the skinny:I own a home with a 15yr mortgage 3.25% rate with monthly payments of $2100. I still owe $200k on the home but could potentially sell for nearly $400k, but at the very least $350k. I would need to sp...
Jared Dewey
How To Get Rent Estimate of SFH When Using Rent By Room Strategy?
I think I've concluded that I want to start out house hacking by buying a sfh and renting out each of the rooms, I think it will do fairly well as I also live near a college and can rent out to students to get higher ...
Robert Blake
Strategy starting out while having assets / cash
I’d like to move into REI and expect to continue working full time for at least some number of years to help finance expansion and such. We’ve got a small amount of cash to invest, a paid off 300k house primary resid...
Erin Heard
FHA loan while living in rental
I'm new to real estate and I want to find a multifamily house to finance with an FHA loan. To my understanding I have to live in the house to receive the loan, but I currently stay in a rental and in my lease it state...
Jake Andronico
Boosting Cash Flow - Is renting by the room worth it??
Renting by the room can be AWESOME for boosting cash flow, but it can also be more maintenance, management, and drama. Here is a quick case study: I bought this property in Reno, NV for $356,900Looking at rental comp...
Giovanni Cantu
Multifamily or Single Family
Hello BPers. This might be a long shot for me to post/ask this, but I rather take a shot than no shot.I have recently been looking in the market to start investing in a property in Texas. Currently have no mortgage an...
Andy McNeany
A Reintroduction to BP Community
I randomly signed up for BP back in 2013 with some hopes and dreams, and my only experience was the purchase of my first home a few months prior.
Along with the purchase of the house was an instant family as my new ...
Anthony Richards
Tips needed on financing first primary residence.
Greetings Bigger Pockets Family!
My name is Anthony Richards from New York City and I am striving to become a real estate investor. For my first forum post I had a few questions about financing/finding my FIRST prima...