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25 February 2017 | 6 replies
There are many of us from MN here on the site.I'd recommend you listen to all the BP podcasts and read as many books as you can to further your education.To connect with locals, you can check out some of the meetups, here: https://www.biggerpockets.com/rei/minnesota-real-e...I'm most active in TwinREIA, which is moving to Facebook from Meetup, so see if this works for you: TwinREIA Facebook LinkThere is a lot to learn and many knowledgeable people here.
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25 February 2017 | 0 replies
Baltimore St (21223), 2032 E.
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26 February 2017 | 5 replies
It is reported on the IRS Schedule E - - download a current copy and review the details.
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19 September 2017 | 30 replies
The zoning is E-TU-C Lot size 6050
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20 May 2018 | 12 replies
An FYI, Wake county permit filings are here: http://services.wakegov.com/PermitSearch/ City of Raleigh permit filings are here: http://onlinedevcenter.raleighnc.gov/DevServices/e...
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27 February 2017 | 4 replies
@Glen E ... selling a home is always easier when it is vacant.
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3 March 2017 | 66 replies
Brians inventory in CA can and will go retail so he can have a organized sale campaign to maximize.I am going through this right now personally with the last 11 rentals ( new construction I bought for Go zone in MS) what we forget even though the homes were bought brand new 10 years ago.. they have now been in service for 10 years... so they need a retail rehab.. usually 5 to 10k to get them up to what your competition is selling homes for ( especially in this area).then of course its near impossible to sell a home with a renter in it.. so you need to boot the renter now you have no cash flow.. you sink 5 to 10 k into the home you have negative cash flow say 1k per month for 6 months add on sales commish and closing costs of another 6 to 7k and there you go. you need 20 to 25k in CASH to exit.. and if your in a market were the properties have not really appreciated.. then your just giving back your positive cash flow you made for 10 years..
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27 February 2017 | 4 replies
I'm brand new to the game, never done my first deal yet although very eager, willing to take suggestions and follow guidance from others who have done several deals.My occupation is driving commercially as I have been doing this for over 23 years now.
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26 February 2017 | 0 replies
From the start, it was bad but now the windows are simply falling apart and the Low E coating is coming off.
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27 February 2017 | 2 replies
Amortize the allocation on Schedule E for your rental units and on Schedule A for your residence unit.