Hello, I am a newbie at real estate investing... I bought a 2 flat in Chicago in an up and coming neighborhood (Logan/Avondale area) about 10 yrs ago. Newbie because I bought it as a primary home at first, but now wan...
Are you open minded?I have had several conversations recently with BP members and during the conversation I mentioned that I was always open to looking at any and all opportunities. Reflecting upon this statement, I ...
I am a new investor in the Elkin area of NC, never having done any deals. I have found a HUD home that seems to be a very promising deal. I currently have ZERO RE agent relationships. Should I call the listing agen...
Hi All! Brand new here and am loving reading all the posts and answers. Figured it's about time to start my own because after about six weeks of Bigger Pockets webinars and research I have a lot of questions.Immediate...
First off I'll give you a little background on myself. I'm currently 23 years old and make around 70-80k. I have no student loan debt or any other form of debt. I myself think owner occupying a multi family residence ...
If I am evaluating a property that I intend to live in while renovating to prepare it for sale (in 6 months or so), do I need to include the mortgage costs +utilities, etc while living there in the calculations for Ca...
About the units...10- 2br1ba(built in 1975), 4- 3br1ba(built in 2002)single story, brickTaxes - $8,900 yr Insurance - not sure Great Rental History! 100% current occupancy. Asking Price $499,000. Avg Yearly Gross Inco...
Hello, all! I am seeking some advice as I am new to the RE life and am stumped by the lack of professionalism and excess of hassle it has been thus far. We finally closed on a duplex in the middle of July. One tenant'...
The local Property tax sale is coming up in a few weeks in San Diego County, CA, and the list of properties has been released. Is there anything stoping me from approaching the sellers prior to the start of the auctio...
Hi,a little confused about the short term rental loophole. Seems i can use my paper losses on my STR against active income if my avg stays are less than 7 days and I pass the materially participation test. Here's my ...