Thao Kieu
First time home buyer - Anything could go wrong did go wrong
Buying Our First Home Was Like Playing With FireWe are young and naïve, but we are also risk takers. That’s why decided to buy a colonial built in the late 1930’s for $310,000 in Totowa, NJ with 10% down payment. It...
Ben Leybovich
Depreciation is Real - Don't get Caught Like I Did!
Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...
Brian Wolfe
Buy and Hold Investor from San Diego
Hi everyone! I am new to the Biggerpockets community, though have listened to Josh's and Brandon's podcasts for over a year now, and been more of a passive reader of the wealth of information on BP. My wife and I cu...
Kate Jones
First Investment Property
To all real estate investors, what did you prepare before you made your first property purchase? Did you create a company name, business website, business card etc. What do you wish you would have been more prepared f...
Maggie Cohle
Security Deposit Return - Reasonable?
Hi, I'm a new landlord renting out my townhouse and I've just provided my first tenants with their accounting of the security deposit. The tenants are upset because of the amount I've withheld. Here are the basic fa...
Micah Cobb
Help Looking Over Mobile Home Park Deal
Hey everyone,My friend and I are looking at a small mobile home park in our county. Neither of us has ever bought or operated a MHP. My friend owns a business and several rental homes. The MHP we are looking at is own...
Ryan Hoyle
Two foreclosures deciding between
I am in a bit of a predicament. A good predicament. Deciding between two homes for a buy and hold. One home is significantly larger 2.8k sq/ft and another 1.4k sq/ft. Both homes will cash flow nicely, but the 1.4k sq/...
Charles Wilson
MidSouth Home Buyers
Has anyone used Mid South Homer Buyers in Memphis to purchase passive income properties. Looking for some feed back.
Willie Webb
Property on Rural Land
Hello BP compadres!! I have a dillema on my hands. I have found a property selling for $61,000 in southern Georgia, and it needs around $40,000 in renovations. I have ran the comps, and the home has the potential to s...
Alex Flood
Helping parents convert antiquated residence to rental property
Hi BP community - I am looking for some advice and/or options for my "parents" (mother and stepfather, age 70+) to consider as they have purchased a new home and would like to rent out their prior home. The home is in...