Thought I'd share my recent decision to not complete a 1031 exchange and get your thoughts. I recently sold an investment property with net proceeds of $1.8M. Cap Gains on this will be ~$400K. 1. I was having troub...
Is a seller obligated to turn over a unit that is clean and in good repair at close? Seller took a tenants' security deposit as last month's rent just before close and stuck me, the buyer, with a filthy, damaged unit....
Hello Bigger Pockets community!
Nice to meet you finally after years of listening to the podcasts and YouTube videos. This is my second step into this world.
Quick introduction about me:
I'm 28, I live in a small...
Are we as a world going to survive this current economic crisis? Will all this turmoil lead to more declines and eventually Anarchy?? Share your opinions.
Once a borrower becomes delinquent on his or her mortgage, that person develops a negative attitude not only about paying the mortgage and his or her general finances, but also about the whole idea of homeownership — ...
I have been a long time lurker but have never really felt the need to post until today. I was hoping for some advice on my current situation. I own a duplex (in Iowa) and I have been having a problem with one units ...
I have a recent ex-tenant who hadn't paid utilities for about 3-years. In her lease agreements, she is responsible for water and sewer and electricity. This is specifically about the water and sewer payments. The n...
Not sure if this was mentioned here... The lesson from this is that the landlord should have evicted in January. I hope that more of the "wait and see" landlords are learning from these moratoriums. Don't sit on your ...
I’m working with a seller who was deeded the property from his Father before the Father was inflicted with Alzheimer’s Disease. The Father also gave the Son Power of Attorney (POA) over his affairs. The Father wa...
My tenant, who was two months behind on rent, decided to leave without informing me. I found this out after going to collect the rent and the door was unlocked and all personal possessions gone. Only things left were ...