I've been buying SFHs for a few years now and as the market rises am looking at other alternatives. I've been buying my rentals close to the 2% rule. In most cases, I have $50k in for $1,000 rent or $60k for $1,2...
Say there's a property and it is the same price whether all-cash or financed. It is the lower end of prices at $50k, which will give higher returns and be the better decision? Why?
has anyone used rocket lawyer to establish an LLC? we are under contract on our first investment property - a triplex in the atlanta area - my dad is suggesting we form an LLC to protect our personal assets in case of...
Hi all. I figure I'd check in with the financially savvy folks of BP to see what is the best way to purchase a car. I'm not looking for a brand new car but a good used one that's maybe two to three years old?
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Hey all, I am currently looking at a property and it a 4/3 1880 sf with a finished basement and all bedrooms upstairs. I like the fact that all the bedroom are upstairs but to do this, the builder made the master the ...
San Diego CA
My father passed away a couple of years back and we recently finished distributing his estate. My father left me a $300k condo that I am in the process of selling this spring.
I don’t know what would ...
The situation:We very recently purchased a property based on a home inspection that was currently occupied by a tenant. Turns out there was a LOT of hidden damage. From what I understand, there is little we can do bec...
Hey (first post here) I’m closing on a property that will be used as a vacation rental. However the previous owner had a long term tenant in the property. I have just received their contact information and I need to l...
Hello Fellow BP Members, I'm currently working on the Midwest and I'm saving the capital to start investing in Multi-Family properties as early as 2017. I'm originally from Texas so i would feel more comfortable purch...
Hello BiggerPockets,
So I have saved my first 10k and I have been looking for a good market to invest in rentals (I currently live in Southern California), So far from my online research the Midwest area seems like t...