Bought this property a few months back. Got it at a good price in a B area, Parma OH and put some additional capital to fix it up. Just general updating and making it more homey. (I still ask myself why though, tenant...
I live in IL, am single, have several rental properties, have landlord insurance and umbrella policy. I do all the work myself (repairs, upkeep, accounting, screening, approving of tenants etc). The following idea I ...
Hi all, was hoping to get some clarification because i can't seem to find info anywhere about my specific issue. I have a mortgage that requires one of my units to be my primary residence. I work far across town, and...
Hi guys,I would like to ask about your opinions and views about the following strategy.Let us assume that I am a high income individual with full time job and I want to invest in Manhattan where prices are just ridicu...
Warning, this post is not for the faint of heart but I true problem I am faced with!
I have paid to have plumbers snake a bathroom sewer line 3 times in the last year for one particular tenant. The plumber told me e...
I am a total newbie in this forum so sorry if i'm writing about a subject that sounds like a broken record but i need some advice (and comfort!). My husband has been landlording for about 2 years and he recently asked...
When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
I'm kind of out of the loop on the REO scene since I bought my two properties in January and haven't made any offers since.
I've been told recently by someone that there are bidding wars on Fannie Mae properties now...
Hello BP,I am fairly new to REI and was wondering if you can wholesale a deal that you win at the courthouse steps? If so, how would I go about doing this?So if I place the highest bid at an auction and they have said...
I am looking to start investing in real estate, specifically flipping homes. I have been reading articles and books and listening to podcast about the home flipping process. I am ready to pull the trigger but the only...