I know that trainers want to sell you training, fund managers want you to invest in their fund, JV experts want you to partner with them, and attorneys want more files to work.With that said, newer folks need to think...
Ok, I am brand new here and have spent the last 4hrs (at least) reading diaries and listening to the podcast episodes at the same time. I am so impressed with the complete openness in this community, it is truly amazi...
Hi Friends, I'm a huge fan of the collective wisdom of BiggerPockets, and wanted to seek out a few ideas. There is an apartment building listed on the MLS that I've been fantasizing over for several weeks, and after m...
I, like most of owners with more than a handful of leases, tend to put some sort of separation between the tenants and me. With most properties, this separation, usually via a management company, is desired to preve...
Hello BP!I tried searching on the forum for someone in a similar situation, but I didn't find much. My life story starts when I got a degree in Mechanical Engineering and an MBA in Finance so I would have a resume tha...
A little over a year ago I bought a triplex in Chelsea with 2 tenants in place. I've poured a lot of money into repairs because previous landlord didn't take care of anything, then I put in a 3rd tenant. I've been luc...
Good morning! I’m really hoping you guys can give me some guidance. Here is my situation. - I’m 62 years old and have 300k to invest. - I don’t have tax returns, so a conventional loan isn’t going to work (as I under...
My question is about the 20% down for obtaining my second investment property. I have the cash, but I don't believe it to be wise to put down 20% if I am purchasing a property that already has 20% equity.
My current...
Alright BP I love business discussions and I have what I feel is a good question for you that popped in my head while listening to one of the podcast earlier that I want to get your take on. How do you pay yourselve...
There's been a lot of discussion on the forums as it relates to differentiating bad debt from good. The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...