Hi everyone,I've been listening to the BiggerPockets Podcast for a few months now, figured I'd finally sign up. After being laid off from my tech job 2 years ago, my outlook on my financial aspirations changed, and I ...
hi, I'm new for the rental property business, starting with turnkey with REI as a baby step based on some information here, however, the property is under contract (with > 100K flip cost) in OK, and then there is l...
Hello BP - I'm curious if anyone here owns multifamilies in Augusta, ME and your thoughts on investing in the capital city. From a 30,000 ft. view, it seems like there are some decent residential neighborhoods and a ...
Sorry for the double post, but I couldn't edit my last one.Would you purchase a multi family that had a lead water main if you didn't have the budget to replace it? The estimate to replace the one in my situation is a...
I am about to purchase my first small multifamily (5-unit) property and plan on initially managing it myself. I have some practical questions:1) How often do you clean the common areas?2) How often do you do pest cont...
I inherited two homes, both were paid off one was livable, and I now live in it, the other was a rental in TERRIBLE condition. When I spoke with a real estate professional, she said the home would probably sell for ar...
I am rehabbing a two family house. This is a house that shares a wall with another house but I do not own the other house. Husband built this house with his partner in 1983. The partner lived in his half for many year...
Calling out to all Buy and Holders. I need some expert advise as to whether I should sell my property or rent it out. Let me lay out the scenario... I bought a home about a year ago for $140k with every intention to...
Looking to see if anybody has any experience structuring a deal like the one I will discuss below and how it turned out for you. I will just run through the general numbers on a deal I'm working on now as that makes i...
My wife and I finally fixed and flipped the large "Nightmare" house that I have talked about in prior posts. My accountant said that we would have to pay over 40 something thousand dollars in capital gains unless we d...