Hi, all! I hope you are all doing really good and having a Wonderful Day! I'm here because I'm still looking for a property to get started in for investing. But I need someone that I can go to as a newbie. I'm located here in Nevada, and I actually found another building that might work, but I ne...
Hi everyone! I'm looking to purchase my first rental property and would love some advice from experienced investors. I'm based in California but open to investing out of state. My maximum budget is $150K, although I'd prefer to spend less if I can find a property with good cash flow. My main goal...
I have 2 tenant applications. 1 makes 3 times the rent and the other makes barely enough money for rent. I am just concerned about collections. Please advise.
Honest question for other agents, because I might be making my own life harder than it needs to be. I'm representing a buyer on a rural property and it hit me that everything I know about whether the place is compliant and legally used came from the seller's side. The seller disclosure says the s...
As I look into STR I can see what the gross nightly rents are.. Then I see that VRBO charges like 8% to be on their platform and Air bnb is 15% so then when PM want 25% your taking 33 to 40% right off the top.. And a bunch of the listings I saw dont have cleaning fee's and I suspect the cleaning ...
Hi all — I could use the wisdom of this crowd. The situation: I own a 4BR / 2,550 sq ft fully furnished home in west Little Rock (72211), in a quiet cul-de-sac. It becomes vacant in December, and I'm not interested in nightly Airbnb churn — I want low turnover and professional tenants. Does anyon...
Hey BiggerPockets Community, I’m based in NYC and looking to build a long-term real estate portfolio. I have $50k–$200k cash ready to deploy, but investing locally in NYC for cash flow isn't feasible on this budget. If you were in my shoes today, what exact blueprint would you follow? Capital: $5...
Hi everyone, I'm Pradip. I'm getting started in DFW real estate investing and currently learning the market. My plan is to house hack, buy a primary residence, live in it for a year, then convert it to a rental and repeat the cycle with a new purchase. Looking forward to learning from everyone he...
What's included? What are the fees? What's the term? What happens if the project takes longer than expected? What's one question you always ask a lender before signing?
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...
I have three LLCs with SFH rentals in different states. One has a PM, and I self-manage the other two. What is your exact LLC banking and bookkeeping setup? Have you found a high-yield LLC savings account that can receive rent and pay mortgages and other expenses? Which PM and bookkeeping softwar...
Hi all I am a relatively new investor and I just recently bought my 3rd rental property which is a triplex. I have 6 units now total (1 single family, 1 duplex and 1 triplex). overall everything is going okay, nothing catastrophic but I do have 1 tenant not paying rent so I will have to evict. Th...
The framework is easy to describe: Buy, Rehab, Rent, Refinance, Repeat. The hard part is making all five stages work together as one transaction. The questions I would stress-test are: · Buy - Is the acquisition basis low enough relative to the renovation cost and realistic after-repair value? · ...
If you are a passive investor in a deal that owns property in another state, and that state taxes income, you likely owe tax there too, even if you've never set foot in it. Most LPs don't find out until the bill shows up. The income is taxed where the property sits, not where you live. Your home ...
I have several amazing multifamily purchase opportunities sitting on my desk. Most have passed initial underwriting, some are under review. I need to locate a JV partner and/or loan sponsor. I belong to a syndication mastermind group, but I want to explore funding opportunities outside of that gr...
Sorry for the long post in advance. I work about 30 hours a week right now so that I can spend more time at home with our two babies and also manage renovations and property management for our 5 rentals. (Doing one renovation at a time right now even though I have 3 that need done in order to be ...
I’m considering offering a security deposit alternative (deposit insurance, surety bond, or similar) instead of, or alongside, a traditional cash deposit. I’d like to hear from landlords who have actually used these products. I’m especially interested in Rhino, LeaseLock and Obligo, but I’d welco...
Post: A low purchase price doesn’t automatically make a property a good investment. When I’m looking at a property with an investor, I’m paying attention to more than just the asking price. The real question is whether the property works for the investor’s strategy. Some of the things I look at a...
I’ve been thinking about something that doesn’t get discussed enough in the contracting business. You can have plenty of work lined up and still run into cash flow problems. Between paying employees, buying materials, covering equipment costs, and waiting for customers to make payments, there’s a...
When a property has a tight closing deadline, how do you evaluate whether bridge financing is worth considering? Beyond speed, I'd want to understand the financing costs, repayment timeline, and exit strategy before moving forward. What would make a bridge loan a practical option for your deal?
Hey everyone, I’m looking for some real-world insight and tips on converting a primary residence into a rental property. I know standard mortgage contracts have residency and due-on-sale clauses, but I wanted to ask the community: For those who have converted a primary home to a rental, how did y...
Hi, I have my eye on a property that is currently being sold as a single family house. I suspected based on the layout that it may have once been a multi family and after touring it, it was confirmed. It already has 2 electric meters, 2 gas meters, and just the general flow of the house is for a ...
Hi everyone! I’m Jill, and I live in York, South Carolina, just outside of Charlotte, NC. I’m a single mom to a 10-year-old son and have a background in finance, along with 21 years of experience in the insurance industry. I currently work in a field sales and underwriting role specializing in ma...
I'm a non-US person (no SSN, not a US tax resident) and the sole owner of an Ohio single-member LLC that holds a rental property. The LLC is a disregarded entity, and I haven't made any election to have it taxed as a corporation. My property manager is asking me to sign a W-9 and says everyone si...
I’m currently residing in the home that I inherited. The deed is officially in my name. I’m awaiting a decision on a HELOC loan so that I can begin the rehab to flip. This will be my first experience with real estate investing. If you have wisdom and like to answer semi-stupid questions from a to...