Real Estate Investing for Beginners Forum

Raising Down Payment Money
Starting Out
Dayton, Ohio
Raising Down Payment Money

I am 18 years old with very little credit history and little capital. I am eager to start but can't get around the glaring issue of not having initial capital so I was wondering if there are any methods you guys would use to raise capital if you were in my shoes or is it just time to put my head ...

Pinned
is an LLC necessary?
Starting Out
is an LLC necessary?

hi all, I am new to real estate investing and recently bought my first property a few months ago and got it rented out! I am thinking about the future and how I will purchase properties in the future. I often hear you should get an LLC to protect yourself in case something goes wrong. is that onl...

Pinned
Need cash for deal- sell vacant land at a loss or take out a HELOC?
Starting Out
Chicago, Illinois
Need cash for deal- sell vacant land at a loss or take out a HELOC?

Hello, I am short 40k for my next deal. I have 2 options to access cash. Option 1- Sell a vacant lot in SW Florida that was purchased in 2022 at a premium. It’s value has dipped and is not going up any time in the near future. Consistently receiving offers for 10k less than what I paid (a 20% los...

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Financing - to LLC or NOT to LLC?
Starting Out
Financing - to LLC or NOT to LLC?

I am still new to RE Investing. I am a small business owner and have been trying to figure out how to purchase an investment property under an LLC for the protection it provides. It have tried a local credit union in the past and the business rate they offered rendered the deal unprofitable. I ha...

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Underwriting when refinancing is part of your plan...?
Starting Out
St. Petersburg, Florida
Underwriting when refinancing is part of your plan...?

Aloha BP community! REI newb here with a question about underwriting when a cash-out refi / BRRR / HELOC / HELOAN is part of your plan. I often hear in the podcasts - especially the Real Estate Rookie Podcast, talking about using your home's equity as a vehicle to finance your next purchase. I cu...

First timer here. Looking for a small multi-family house hack. Is NJ even worth it?
Starting Out
Morristown, New Jersey
First timer here. Looking for a small multi-family house hack. Is NJ even worth it?

Hi! I'm a first-time home buyer looking for some guidance/reassurance in a relatively expensive market. I have a decent amount in equity investments (stock) that I'm ready to diversify with REI. I currently live in Portland, Maine but am from NJ so I'm open to anywhere in the Northeast (ideally N...

Starting Strategy Into investing
Starting Out
Kansas City, Missouri
Starting Strategy Into investing

From my profile, you can see that I’m an aspiring investor currently saving funds for my first investment property in Kansas City, MO. I’ve chosen “house hacking” as my initial investment strategy and have been looking at duplexes and quadplexes in the area. My goal is to be ready to make my firs...

Looking for advice from experienced real estate investors
Starting Out
Looking for advice from experienced real estate investors

Hi everyone. I'm a mother passing along some information for my son, Blake, because he isn't able to participate in the BiggerPockets community himself right now. Blake is currently incarcerated in Texas following a tragic DWI accident that resulted in the death of a friend. He is taking responsi...

How to Finance Renovation Cost
Starting Out
How to Finance Renovation Cost

For those that have not ran into my previous post, my name is David. I'm a new real estate investor focused on Multi Family properties. I've been up thinking about financing. When going into a deal and you are preparing to finance a duplex (for example) with a 30-year fixed mortgage, is the capit...

Looking to invest in my first property
Starting Out
Minneapolis, Minnesota
Looking to invest in my first property

Hey everybody, I’ve been interested in real estate since 2022 and started off wholesaling. I haven’t gotten too far with that, but I’ve learned a lot throughout the years. I'm now looking into getting my first property sometime next year, but I'm in no rush and want to make sure I take the right ...

Real Estate Investor Meet Ups in Mercer County or Central NJ
Starting Out
Lawrenceville, New Jersey
Real Estate Investor Meet Ups in Mercer County or Central NJ

Hello Everyone, Does anyone know of any active real estate investor meet up groups happening in Mercer County or broader Central New Jersey? Alot of the local groups we have found online do not seem to be active anymore. Any recommendations would be greatly appreciated. Thanks for your help!

First-Time Landlord Advice
Starting Out
Watertown, New York
First-Time Landlord Advice

I’m preparing to rent out my home in Upstate New York near a military installation, and I want to make sure I approach it the right way from the beginning rather than learning everything the hard way. For those who have experience owning rentals, especially in military markets. What are some of t...

how are you finding semi move in ready single family homes at prices to profit
Starting Out
Phoenix, Arizona
how are you finding semi move in ready single family homes at prices to profit

Im currently looking at single family homes in Phoenix,az , im a first time homebuyer and looking to live in the house some time, then rent it out, buy another house rinse wash repeat, having no experience at all in REA im looking at single family houses in average areas of Phx and vicinity, 3bdr...

Getting started in the STR world
Starting Out
Myrtle Beach, South Carolina
Getting started in the STR world

Hi everyone, brand new at this. Went a few STRs in the grandstand. I currently own a personal vacation condo in Myrtle Beach. Just closed 2 weeks ago. I’m looking to invest in my first STR by the first of the year. Already have LLC set up, banking and business license. I’ve been using Claude to c...

Section 8 - Thoughts/Opinions
Starting Out
Section 8 - Thoughts/Opinions

Anybody have any experiences/opinions on jacksonville area section 8. On tenants and housing authority? All input welcome, thank you.

what to do with an extra house high interest rate/mortgage?
Starting Out
Gilbert, Arizona
what to do with an extra house high interest rate/mortgage?

Hello everyone! Interesting question as I am just starting out with real estate and would like to use an extra house i already own for rental property. 4 bd, 2 bath 2000sqft single story, 2 car garage, tract home in a nice neighborhood in Gilbert, AZ. i've compared comps and looks like similar ho...

Chattanooga First Time Buyer
Starting Out
Chattanooga First Time Buyer

Hi BP community, I am looking to connect and get some guidance from the BP family here. I'm a recent college graduate with minimal cash on hand for the moment. I have a plan, but does anyone have any suggestions on executing my first deal differently? My plan: I have been actively looking and vis...

Schooling and Learning
Starting Out
Eatontown, New Jersey
Schooling and Learning

Hey everyone, I am fascinated with real estate investing. I want to get started, I am always looking at houses and finding deals and things in my price range, but I always feel like I have less knowledge than I would like. This is what really feels like its holding me back. I am a very hands on l...

Poll
Starting my rental portfolio in Philadelphia
Starting Out
Philadelphia, Pennsylvania
Starting my rental portfolio in Philadelphia

Hi All! Looking to get started and buy a duplex in the Philadelphia suburbs in late spring / early summer of 2027. Currently putting money away for a down payment. Looking to buy a duplex as my first property and live in one unit and rent out the other. I'd like to buy a duplex that needs some co...

19 y/o with $20K saved.
Starting Out
Columbus, Ohio
19 y/o with $20K saved.

I’m 19, in Ohio, with a solid W-2 job but the job isn’t the goal. I want financial freedom and, more than that, a business my son can eventually inherit. My wife’s a stay at home mom whos fully behind me on this. I’m renting, have $20K ready to invest, good credit, and a background in constructio...

Contract templates for the state of Arizona for first wholesale?
Starting Out
Contract templates for the state of Arizona for first wholesale?

I'm trying to start up my business, but I was wondering where can I find legitimate contracts templates for wholeselling I Arizona.

We All Bring Maps. The Deal Changes When We Put Them on the Same Table.
Starting Out
Chattanooga, Tennessee
We All Bring Maps. The Deal Changes When We Put Them on the Same Table.

The space in between, isn't just space The longer I spend around real estate, the more I realize everybody walks into this business carrying a different map, especially when we’re starting out. One investor learned rentals first. Another learned flips. Somebody understands creative finance while ...

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Brand New to Real Estate and looking for advice to start!
Starting Out
Brand New to Real Estate and looking for advice to start!

Hey everyone, my name is Joshua, I’m 21, and I’m currently a senior at Mount Saint Mary’s University in Maryland. I’m really interested in getting into real estate, especially investing and eventually flipping properties, but I honestly don’t really know where to start. I’m hoping to connect with...

New member starting my real estate journey
Starting Out
Kansas City, Kansas
New member starting my real estate journey

Hi all. My name is Peter and I just joined the community here. I live in Kansas City with my wife and young son and have always thought about investing in real estate but now that I have some money built up from my current job I feel like it is finally time to pursue this dream. I think my plan i...

Sell or rent my SFH in NE Dallas?
Starting Out
Dallas, Texas
Sell or rent my SFH in NE Dallas?

My primary residence is an SFH at 3.125% in the Lake Highlands neighborhood of Northeast Dallas (75238). Bought in 2020 right as lockdowns started. Mortgage, maintenance and tax is about $3k/mo, no PMI, so pretty cheap by today's standards. Richardson ISD too, so desirable school district when co...

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