I am thinking about purchasing a house for one of my tenants that needs a bigger place and wants to own their own property. I am thinking of buying a home, renting it to them on a rent to own basis for three years and...
Hi I am Brand new to this. After a bad car accident I was forced to rent out the house that I have owned for 9 years. I had given power of attorney to my sister, She is the one rented out the house. In the lease it i...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
I just got a quote to replace my hot water heater for $2,450. Is this a reasonable price. It seems high to me. the hot water heater is working fine, but it was made in 1994 and My current tenant is moving so I want to...
I keep reading these stories of people starting off in Real Estate with no money. They hook up with a Private Money Lender then obtain properties to hold for long term investments. Can anyone elaborate on how this is ...
Hello everyone! My name is Andre and I'm a novice real estate investor. I actually used advice from Bigger Pockets a few years ago to purchase my first rental property. So here is my dilemma. I'm looking...
I passed my license exam recently and I'm interviewing firms this week and next. I also own a basic phone and need to upgrade.
What are your experiences, thoughts and recommendations for a smartphone?
p...
Hi there,I found a property in our local newspaper and we want to do a transaction with out realtors. I currently own 8 properties and every one of them has been done with a realtor. I"m trying to think of the steps t...
My rental has a driveway for two cars where tenants park their cars. They also can park on the street next to the house with 4 free township parking permits which they got. It happens that there is a large walnut tree...
My tenants of 3 years will be moving and I will be going through the application process again. I was thinking that I would begin to process the basics of the applications first : verifying employment, income and pre...