To give a little background I recently took a 5/20 year balloon loan (if I understand correctly) where the loan amortizes at the rate of a 20 year loan but after 5 years the balance of the loan is due. Basically what ...

Hey everyone,I am buying a 6 unit property under an LLC, when I write up leases do I sign them all under my LLC name? Also do I need to start separate bank accounts under my LLC name and keep everything separate from ...

Hello Bigger Pockets Community! I am just starting out in real estate investing.  I currently work as an Aerospace Engineer and I plan to become a buy and hold investor of residential real estate.  I am currently loo...

Hey all!
I have been listening to about 2 bigger pockets podcasts a day to and from work for almost a month now, and recently took the plunge in setting up an account. I'm located in sunny Dallas TX and want to start...

I have a rental townhouse assessed at $114,000. Bank loan at $121,000. I'm $200 out of pocket each month to meet the mortgage and it needs a new roof. Wells Fargo owns the loan, but Bank of America services the...

I want the community to check my analysis on a property I think I may put in an offer.
It's a 4 plex in Paradise Valley Village neighborhood in Phoenix Arizona. It has 3 two bedrooms and 1 three bedroom in an apartme...

Folks - This may be a bit off-topic but I was just curious. I have read a lot over the last several months since becoming a BP member. One of the books I would say was eye opening was Rich Dad Poor Dad by Robert Kiyos...

Hello everyone! We would like to know what you think and what’s your advise for us who are barely starting in this crazy market. Our goal is to buy a property that we can live for free by house hacking. Then save up a...

I finished listening to episode 343 (Using Checklists and Systems to Get More Done in Less Time with Pilot/Investor Steve Rozenberg) earlier this morning, and I am now motivated to improve my business processes. We on...

Hi there - After much research, learning and observing, I am ready to get off the side lines and start building my portfolio!I am primarily interested in creating passive cash flow though buying SF rentals and have be...