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Hi!We obtained a HELOC and looking into our first multi family investment property. We wanted to explore the turnkey routine but I spoke with a few and I feel like that may not be the direction I want to go.Anybody ha...
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What are some of the better strategies to purchase properties and manage the 20-25% down payment per property? In other words, I'm using a HELOC for my down payment. I can only do one, maybe two deals at a time using ...
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Hi BP community - I have started doing some research into my first SFR investment which will likely be out of state - A ~$100,000 home with a roughly 1% rent/cost. I am looking at St Louis, MO, Cleveland OH, suburban...
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Hey BP, I wanted to talk to you today about something that has affected me pretty much my entire life (as far back as I can remember at least), and that's social anxiety. Just as the name states, I get very anxious du...
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I have searched the forums and there are a number of threads on buying REO's but I didn't find the answers I was looking for, so... There is a property that was on the auction that went back to the bank as an REO prop...
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Hello, Biggerpockets community, This is my first question on this forum. My husband and I are looking to invest in 3-6 multifamily rental units. We currently have a few single-home investments in Memphis. Here are m...
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Hello all, i currently own a 50 unit apt building so I have a good idea about the business however I can't seem to properly value my next deal. Here's the basic details : (mom & pop run) 58 unit, occupancy is 80%,...
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Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?
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I read a lot about hiring a contractor. Has anyone ever calculated how much they saved by not using contractors and did most of the rehab work themselves? Or the real question is what percent of costs is going to con...
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Hey guys! I am currently under contract to buy a home in Arizona. The home within close distance to a street that is designated as a flood plain AE which has a 1% of flood annually and is high- risk. Have any of you r...