Mike Wallace
tenant broke 2 door handles in 2 days? what would you do?
Just bought a new house from a guy i met. Deal was too good to pass up (maybe this is why). Already had a tenant that was living there. I assumed their lease, 11 months left. It was all legally assumed by me with an a...
James Wilson
Short Term Rental Homeowner's Insurance
We recently bought a house for cash and want to rent it out on Air BnB. We are having a difficult time finding insurance for the property though. Does anyone know of a good insurance company that will insure a short t...
Jack Walker
Profit split questions
So I am starting out in real estate, and my mentor(my grandfather) and I just bought our first house to flip. The house down payment was 12k and we are both in 50-50 on both down payment and renovation costs. He has d...
Mike Mosk
1031/DSTs Debt, and Depreciation
As I am considering what DSTs to invest in, I am wondering about DSTs with Debt, and if/how that relates to depreciation.My situation is that i am getting ready to invest the proceeds from the sale of an inherited com...
Jeffrey Turner
New Const SFH - How to structure sale prior to completion?
Hey BP, My first investment property is an empty lot that my partners and I our building a new construction SFH.We plan to list it prior to completion, within the next week or 2. It is currently framed out, windows, d...
Brandon Turner
New House Purchase Checklist... (Help! What are we missing?)
Hey folks - I'm working on creating some checklists for my business (I'm reading The Checklist Manifesto right now.) I'm planning on releasing these, for free, on BiggerPockets when they are finished. Today I'm workin...
James McGovern
Can you make more pretending to be a guru than doing actual real estate investments?
How much money can I make pretending to be a real estate guru. Sure, I have success under my belt and have considered whether doing real estate training where I don't deliver real value to offer much more profit. Sho...
Rachel Degani
Risks associated with triplex vs. duplex?
Hi all! I have an opportunity to jump into a turn key triplex in a nice part of town in a high appreciation market (St Pete FL!). This property should cashflow anywhere from $200-800 (net) depending on what I can rent...
Scott Bowen
Cash-flowing with a house hack?
What are the best ways to house-hack in 2023 where generating positive cash flow is still possible? When I run calculations I'm finding that cash flow and sometimes even breaking even is hard in T1/T2 cities and their...
Andrew Whicker
Explanation Offer Letter
Hi,
First off, I tried searching but all that I came up with was 'yellow letter' type questions.
My question is this:
My offers tend to be low enough on properties that I would like to attach an e...