I'm currently reading up on house hacking and how to analyze deals. I've read from multiple sources that you should save apart of your monthly cashflow for reserves in case of vacancies, repairs, emergencies, etc. My ...
Hi Everyone!
As I struggle to find my first duplex to house hack, I recently sent out 50 hand-written direct mail letters to MFP owners in town. Unfortunately, I did not hear back from any. I know the strategy yields...
Hello all. I hope everyone had a great Christmas and is looking forward to the new year. I'm on bigger pockets today to see if there is any input that can be shared on a recent initiative I've thought about pursuing a...
Hello BP community,I'm a new real estate investor living in the Bay Area. I'm an engineer and fortunate to have 2 properties in an expensive area but my rental property is not cash flowing. I've done extensive researc...
Hello,I have 2 properties where I can be more selective regarding renters. 1 property is in a less desirable area. For this property, i was thinking of doing a month to month lease. I figure if it's a good value, peop...
Hello All! I am a new investor and am looking for that first wholesale deal! I am preparing a marketing campaign to find a seller quickly. Between short letters, postcards, and bandit signs which would be the most eff...
OK, say I find a house on realtor.com I would like to put an offer on. Now seeing the numbers and knowing facts its bank owned and they are trying to sell the house for what the guy owed. The house with about $12,00...
Hi there, I have a tax related question. Things moved quickly these past few months, which has resulted in the creation of an LLC (S Corp status), Real estate sales commissions, & rental income. Current status: Re...
Here is a list of questions I ask when interviewing a realtor. Please add to this list if you have any additional recommendations : Questions to ask a potential realtor: 20.Have you worked with out of town buyers befo...
Hello, question for anyone who may have insight on the best strategy. Wife and I recently married. I started a LLC before we were married in preparation to start owning rental properties . It’s a sole proprietorship.W...