I was talking to an investor in North Ga today. He was saying since the market up this way has leveled. him and his brother have been buying $30 -$45 grand houses in Atlanta for section 8 rentals. Any exp. With this a...
Hello All,My name is Grant and I am a recently graduated college student (23 years old) who has just moved to Chicago only a few days ago. Shortly after graduation, I read Rich Dad Poor Dad. Ever since, I have been ve...
Hi all -I recently hired a bookkeeper to setup Quickbooks for me for my rental business. She entered 8 months of transactions for me and told me that for mortgage payments, she created a category of "Unallocated mort...
I wanted to confirm my understanding on 1031 exchanges. Sale Price $350,000Cost basis $150,000Equity $200,000Now I only need to reinvest my $200,000 equity. Correct?Buy $200,0000+ propertyPut $50,000 down, finance $15...
Back story: When I was in the Army I got stationed in Clarksville, TN in 2015. I bought a foreclosure just outside the back gate in a great neighborhood the rents very well for military families. I bought the property...
Greetings bigger pockets community,
I am a long time BP lurker, first time poster. I was wondering if a newbie could get some general introductory advice from all you intelligent successful people. My long term goal ...
Hello Everyone, I'm hoping to get perspectives and suggestions on if I'm taking the correct approach to FINALLY beginning my REI journey. Or even someone to play devil's advocate and challenge me on something I may no...
There are about 10 PM firms in my town. I've dealt with a few and they seem to be really "old school," as far as their functioning. Examples: • websites are horrific• one central email address...even with multiple em...
Hey all,It's finally happening. A deal popped up that matched my criteria and they accepted the offer. We are currently waiting on the appraisal as the last obstacle but I have a credit only commitment and we feel t...
Below are my numbers and a link to my budget sheet on the DIY flip that I just sold here in Denver, I hope this is helpful! The project took me 5 months, and I acted as the GC, agent, and drywall enthusiast. I hired s...