Marek Los
NJ Resident looking to buy first house in Philly
Hi there! I currently have one house that I house hack in Trenton, NJ and so please bear with me but I am not familiar with the Philly side of things at all. I really like the Philly market (specifically Port Richmo...
James W.
Add Agent on both sides to save commission?
Hi guys -I got a property from an auction.We nominated an agent on the buy side, and she gets 3%. However, the auction closing company really took care of all of it - except for the Certificate of Occupancy that she g...
Jackie F.
From Primary Residence to Rental - Tax Implications?
I know I can ask my tax accountant, but wanted to get a general feel for what I am thinking of doing.This home was my primary residence for 3+ years then it became a rental for the past 1.5 years.How does the capital ...
Danielle Christian
Options for owning current home
Hi Everyone, My husband and I are totally new to the world of investing and flipping so please don't kill us with your responses. We would like to start investing soon but we are working on building our credit and pa...
Karen Moysi
Land Contract
I have a buyer who wants to put $40,000 down on a $94,000 purchase . Term is 12 months. Will pay off remaining balance with inheritance. I really want sold and it has knob and tube wiring and other older features that...
Renier Rodriguez
Newbie with tax lien questions
Hello everyone!I am new to bigger pockets and to real estate investing. I am looking for some guidance in regards to the situation below. Your help is appreciated.While driving to visit my cousin I drove by a house on...
Misael Herrera Granados
Renting an old House Hack by the Room
Hello all,
I have vacated one of my properties and where I use to house hack. Since the other two rooms are currently rented by the room, I will be renting out the room I use to stay in to a different person and con...
Adam L.
Lease CPI increase
Hello,First I want to apologize. English is not my first language.I purchased a retail building with a single tenant about a year ago. The lease states every year it adjust to the Bay Area CPI San Francisco/San Jose/ ...
DeWayne Lewis
Billing tenants for Water Usage in San Diego County
I own a 10 unit building in Oceanside CA. Along with my property manager we noted instances were residents are clearly being wasteful (washing cars, not reporting leaks, multiple occupants etc.,.) Where practical, w...
Petit Morne
50% / 2% Validation...is this a good deal?
Hi,
I have potential to buy a condo that rents for $450-$600 per month now for $20k. I'd like to know if this deal pans out:
Gross Rents: $500 per month (average)
Operating Expenses: $250 per month
NOI: $250 per mon...