Hi, I'm in my early 20s. Landed a solid SWE job. I have 100k saved up. I live with parents in NYC. Low expenses. I have been in the market for 1 year now. I started looking for Multi fam units in NJ around 550k. Price's increased. Now scarping the pot for SF in CT, NJ, or upstate NY for 450k or l...
Whether you own a duplex or a 20-unit building, I’m curious: what part of your process is the biggest headache right now? What do you wish someone would just build a better solution for? Looking forward to hearing everyone’s answers. Thanks!
I selected "Horror Stories" from the Bigger Pockets dropdown mostly because I feel like this is about to become one (just in time for Halloween? cliche but true). Please allow me to give you the backdrop to cue up the story. In 2024 I invested a large sum as an accredited investor to Ashcroft's "...
I've been doing a total gut renovation of my future short term rental for the last 10 months. I plan on finishing the reno the end of November. My wife and I make a good living with our W2 jobs and would like to offset our tax bill with a cost seg this year. I've kept a daily journal of all the h...
My husband & I have been amicably separated since March 2025 and now figuring out our divorce terms. We own 2 rental properties and want continue owning & co-managing them. Is this possible? We're in our late 50/early 60s and these properties are our retirement strategy. For now, neither one of u...
I have 4 LLCs each LLC is in a different state. LLC #1 has 4 properties, LLC #2, #3 and #4 each have one property. So a total of 7 rental properties. Considering REI Hub for bookkeeping and my credit union which can support business accounts. If I set up each LLC and each property with their own ...
Hi BP Have a 10 unit apartment in Tennessee worth $800k with mortgage of $380k. Original mortgage holder note prohibits refi without prepayment penalty for four more years. How can I tap equity for additional purchases? Thanks for input
I’ve owned rental properties for many years now. I’m well-versed on property managers, and I’ve worked with some good ones and many subpar ones. But none compare to the horrendous company that is Rentwell in Pittsburgh. Fellow landlords, stay far away from this company. I hope this review can sav...
Hi all, I’m looking into suburban house hacking: renting a spare room by the night or week while you live in the home, around Houston, Indianapolis and Tampa. what stood out - Rooms are rare. Whole homes make up 72–89% of short-term listings in most of these suburbs. Pearland is the exception, at...
Hey everyone, Working an out-of-state list in Palm Beach County (Bristol Lakes, Valencia areas). Properties bought 2002-2005, owners in OH / VA / MI. I skip traced one - 6663 Bristol Lk S - list showed 2002 owner. Checked PAPA (Palm Beach Appraiser) and it actually sold in 2020 to a new OH owner....
I never put earnest money down. Not $500, not $1,000, not on any deal. That is not me being difficult. It is math and volume. I am looking at deals every week in Memphis, mostly single-family under $100K that I plan to BRRRR. If I tied up cash on every contract that might close, I would have thou...
I have been invited to join a mentorship group that potentially funds flips. My hangup is they seem to only do 70/30 deals and I think that’s more of a rarity in NWI than not. Anyone else have any input on that? I don’t want to waste my time (and some fees to join) if I’m correct in my thinking.
After analyzing thousands of properties I have come to realize that having properties and making them fit numbers is better than having numbers and making them fit properties
I've fully renovated several houses for investors, so I know exactly what those renovations cost because I completed the work myself (interior/exterior). I can also see what the investor originally paid for each property and what they eventually sold it for. My thought is to use those real projec...
21 days is not a goal I set at closing — it is the schedule I build before the first hammer swings. I buy BRRRR single-family in Memphis, under $100K, and I am aiming at an ARV of $180K-$265K and Section 8 rent of $1,395-$1,950 on a 3BR+. At 236 properties, the thing that kills returns is not a b...
Looking for a smaller bank in the Bloomington normal il area that will do dscr loans with small investors with 2 deals under our belt.
A lot of investors are still depreciating everything the slow way and never asking a bigger question: Is there a faster way to recover some of this cost? That’s where cost segregation comes in. Most investors know the building gets written off over time. But what many miss is that some parts of t...
Textbooks always preach targeting a 15% or 20% ROI on value-add projects. But in reality, a 12% to 15% margin on a $250k purchase can get completely wiped out by an unexpected plumbing line and an extra 45 days of holding debt. When you're running numbers on a deal today, are you underwriting str...
Buying Baltimore from another state? Your local person IS your due diligence. I'm the contractor investors call after it goes sideways, and nearly every disaster story starts with "a guy was supposed to check it." Five checks before any money moves. **1. License and insurance you verify yourself....
Hey everyone, I’m an Account Executive with Civic Financial Services, working with real estate investors on financing for fix-and-flips, rental properties, bridge loans, and ground-up construction. I’m looking to connect with mortgage brokers who work with real estate investors and are open to bu...
𝐓𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐧𝐞𝐚𝐫𝐥𝐲 𝟓𝟖𝟐,𝟎𝟎𝟎 𝐦𝐨𝐫𝐞 𝐡𝐨𝐦𝐞 𝐬𝐞𝐥𝐥𝐞𝐫𝐬 𝐭𝐡𝐚𝐧 𝐡𝐨𝐦𝐞𝐛𝐮𝐲𝐞𝐫𝐬 𝐢𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚. In September, the number of active home sellers climbed to 1.51 million, the highest since March 2020. Meanwhile, active homebuyers fell to just 929,000. . .a record low. There are now 63% more sellers than buyers. Back in 202...
I am looking to purchase my first multifamily investment property to BRRRR/househack in Massachusetts. Looking to connect with lenders, agents, contractors, and other investors!
Hi everyone—I’m based in Western North Carolina and have spent about 20 years in construction. I own rental properties and am exploring land flipping as another way to build income. I’ve been learning about The Land Geek approach and would appreciate connecting with someone who has firsthand expe...
Hello gang. This little gem in Alabama just fell in my lap. A seller is looking to get out of their house ASAP. The mortgage is 4.8%, $50k left on the note, seller wants $25k and to be free of the place. I'm new to this and have read up on Subject-to, Assuming loan, hard money, etc. My thought is...
I only wish I had me to learn from when I was starting out. The booby traps are real when you start investing. A well organized and planned approach avoids so many problems and provides much better returns. But, it's a long list and a way of thinking, that is much too much to write a simple post ...