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I have been looking into vacation rentals lately and would like to know everyone's opinion and experiences with them. I am looking in the Clearwater/Dunedin, FL area and was thinking about buying a duplex. My thoughts...
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Just recently took over a building. 22 units bought from a local owner. The inspections were done in November but because of the holidays, the financing period was extended due to the banks needing extra time to close...
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I am getting a bit confused about what capital improvement costs for my real estate portfolio can be immediately expensed vs need to be added to my basis and depreciated over time. I am further confused by the concep...
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Hello Bigger Pockets World. I have done my research, read the books, and even helped manage my parents rental properties. My next step is to work on getting an actual deal together!!! I've come to these forums for som...
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We have a tenant whose lease ended on Aug 31st. They have not paid rent for Aug and now Sept. They have signed a lease on another place but are taking their time to vacate the property stopping me from renting the ...
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hi everyone, 2 side by side properties that were owned free and clear by now deceased owners is acquired by a relative for $1, that relative (now owner) after close to 3 years is behind about $3500 in state taxes. doe...
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I am talking to a few different hard money lenders to close on some properties that we will be doing a BRRRR on, and one of them is offering very attractive terms with 100% financing of both the purchase price and reh...
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Hi BP world,
I’m writing today because I wanted to see if you guys can give me tips on do’s and don’ts to get approval from a hard money lender. My track record for real estate is none but I have good credit and a de...
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Hi fellow BP'ers!
It seems that I have proven myself to my co-workers who now are willing to invest with me as private lenders. I am negotiating two home purchase deals and possibly a third. Part of the incentive i...
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A recent forum discussion talked about how an investor's scope of work said to include "EVERYTHING" in their proposal to 'gut the property, buy materials and rehab per plan.' Long story short, the contractor did not ...