I will most likely just buy a new fridge for the place anyways as Im getting very good cash flow on it and don't want to start off on a bad note with the tenants.

Looking for advice - purchased first STR 2023 and we qualify for active income based on rule 3 of the material participation test.

Does anyone have experience purchasing a mixed-use property on an auction site sold "as is" with a quitclaim deed?

My co-worker got me into the youtube real-estate rookie and now I'm here on bigger pockets learning more.

You have to know how to analyze properties so you can get a property that is a deal for an investor.

Congratulations on the real estate syndications. 

My husband and I had an offer accepted on our first duplex.

Being that the brokerage is small and new, and we are all mostly new agents, I don't have a large, experienced "team" to help find a buyer, so I am pretty much on my own trying to navigate the selling process of this home. 

Here are some data points from the past month:Real Estate UpdateHere's the latest market report (based on single-family homes):Mortgage Rates:30-year conventional rate today is 6.27%30-year VA rate today is 5.69%Median Sales Price:June: $485,000July: $487,483August: $480,000New Listings:June: 1,920July: 2,068August: 2,153Median Days on Market Until Sale:June: 13July: 14August: 16Months Supply of Inventory:June: 2.3July: 2.8August: 2.9What does "Months Supply of Inventory" mean?

I have use the calculator on Bigger Pockets but it only allow for dollars instead of % to calculate.