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My wife and I own a restaurant and we lease the building. Our landlord just inherited the building from his dad that just recently passed away and he really doesn't want to be a landlord. We are in a very small rura...
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I'm learning some hard lessons on my second rental property purchase here in California. I inherited 2 tenants that have refused to pay rent since closing on the property in late October. In late November I served a 6...
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Okay since I got into the REI game and realized how much money there is out there I am constantly on the computer comparing deals. And ever since this happen and me passing the state where my matabolism works faster t...
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I'm staying with my nephew on a cute little 1.5 acre ranchett in a rural North Texas county. He's been here a year. He cleaned the property inside and outside in lieu of a deposit. In a year, he has paid for all the r...
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What are your thoughts on turnkey rentals when looking for out of state rentals for a new investor to get their feet wet? Great idea with low risk? Terrible mistake? What do you think?
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Hi all,I own many properties in Atlanta, GA and over the years have had many Section 8 tenants. Not all were a disaster, but the paperwork and the unreasonable inspection demands have finally got me down and we stoppe...
Hello,I have not seen much in terms of case studies of $2M+Rehabs in the Bigger Pockets Forums so I wanted to contribute a little bit: My partner and I primarily organize joint ventures with developers on ground up co...
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I just received my FIRST social security check! Only $704 because I didn't pay enuff taxes over the 42 years of filing returns.
Anyway, I took the retirement early and this is what I receive each month. Wifey and I d...
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Hi all,
So here's where I'm at.
My goal is to cash flow $4k per month ASAP. Why 4k? Bc that is roughly my monthly expenses. 1k of that is the property taxes on my home!!!! I have about 250k capital to work with and I ...
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I've been searching for an RE agent to make an offer on my first investment property. I found a great agent that says he works with investors exclusively. After talking on the phone once, we meet at a 4plex I picke...