Joanne Tsai
PM charges too much fee to get it rent ready?
Dear BPers:we typically identify the specific areas we'd like to invest in and find the PMs to serve as our realtors and future PMs.In this situation, we bought a house through the realtor/owner of the PM, and we are ...
Thomas Corley
Columbus 1% Deal - Out of State Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $125,000
Cash invested: $25,000
My business partner and I were looking for a deal that meets the 1% rule which is d...
Ivan Smith
1031 and renting from own LLC help needed
I have a question in regards to us getting a property and doing it correctly. We are actually closing on it this week and were under impression that we cud put the house into our llc and rent from the llc. then potent...
Ying Cheng
Square footage discrepancy between listing and county record
Hi Biggerpocket family, here's the situation and I would like to ask if anyone has any suggestions.We made an offer on a house out of state, gone through the inspection and appraisal. On the appraisal report, the livi...
Darren Glahn
Need help setting the upset price for my property in Sherrifs auc
I have carried the note on a piece of land for 2 years and the buyer has defaulted.. He has defaulted because of a $50,000 construction lien. We are getting a summary of judgment and the property will go through a tru...
Angelica Wallace
Can I keep deposit for Breach of Lease due to pets?
I know the typical approach to replacing carpet is to prorate it based on life of carpet. In this case, the tenant had 2 unauthorized pets in the house (a cat and a wild Crow -yes a wild crow), in addition to 3 author...
Saige Wigge
House Hacking Advice
Hello! My wife and I are about to buy our first home. We are both pretty young (22) so we are not walking around with tons of cash, but we think this is the perfect time to start investing. We are going to buy a duple...
Cameron Mertens
First time buyer - question about the right mortgage for us
Hello! I am currently renting an apartment with a roommate in Los Angeles but we have been bought out of our place and are now looking to potentially do some form of house hacking with our buyout $. The full scenario ...
Chris Mackey
Taking on partner(s) and limiting our liabilites
Hi BP members,I will be taking on a partner in an upcoming deal and am looking for advice on how to structure the partnership where we are protected from each other.Our concerns are that we both have things we are inv...
Kenneth Cowan
What makes a market like Indianapolis work?
There are deals to be had everywhere in this country if you look. But there seems to just be a lot of return potential in Indianapolis.
My question here is WHY. What is happening there that has prices low but rents...