I'll get this right out of the way up front, note newbie (i.e. 1 note). I am looking at a second that has an unpaid balance of approximately 30K. The first is foreclosing on the borrower, the court date is set and the...
Hi everyone, I need some tax and legal advice in my situation where I have been incurring a good amount of unexpected expenses, and after some research tax rules seem to allow up to $25K of write-offs a year, but is p...
Hey biggerpockets family!
I was hoping to get some input on this deal I'm in contract with. This will be my first value-add property that I will be purchasing out of state.
I am purchasing this for $78k.. The marke...
So curious if anyone else has experienced this and how the dealt with it.
Myself and 2 friends created an LLC to pool our $$ to invest in an apartment complex. The General Partners of the larger investment are clos...
I'm not yet an investor, but aspire to be one someday. My mother in law has been using Airbnb for the last several months to rent out her very nice travel trailer. She has had great success, and has had many great gue...
Good evening! I've ran into a little bit of a stumbling block and I'm looking for additional options for my next move. I appreciate all answers in advance.I have a signed contract to sell a mobile home but the park ...
Hello Everyone,I just recently started a business this year to do LTR, and started fixing up a little house in the back of the property as well but ran into plumbing and electrical issues that cost more than expected ...
Hi Friends,I have a property in Buffalo that I bought in August. My PM informed me that the sewer line from basement to street seems to be broken and is backing up in basement since yesterday. This could be due to he...
Hi Folks,I've been looking at communities surrounding my area (Portland and SW Washington) and considering investing there for a buy and hold strategy. I am wondering, though, if I should be excluding any of them by ...
Hey BP Community,My wife and I live in Korea and leverage borrowed money, often hundreds of thousands of dollars worth, from our tenants at 0% interest to purchase undervalued properties. Sound outrageous? Read on.[I'...