In process to buy my first rental before this virus caused major impact. Condo for 125k, basically turn key ($1k repair), a month ago could likely rent for $1400 giving me about 8% cash on cash return (after 5% repai...
Being in a position of not having funds readily available has created a great opportunity to gain knowledge before JUMPING IN! My personality WAS high risk and go. Now its in ZEN mode for learning, listening and build...
Hello Bigger Pockets community! Looking at the Cleveland, Ohio area for long term rental investment - single family homes/duplexes and asking for insight into the area as out of area investors. What neighborhoods ar...
This may be a weird question, but... Is it possible to get an upfront assignment fee when wholesaling? I'm asking because we have a 3-week-old baby and I lost my main source of income, lost our apartment, I'm relying ...
Can you help with general feedback and guidance on considering this opportunity not yet under contract? I have a lead on a 36 lot mobile home park on 16 lots and each lot is accessible to the county roads and has its ...
Hey Everyone,I've developed a list of the largest owners of residential holdings in the counties I'm working in. I have not done any type of direct mail marketing yet but have spent to morning researching how do run ...
Hello,
We are in the process of a 203k loan and we about 50% done with the project. We currently have depleted most of our contingency and after review we noticed that some of the money was spent on permits and tras...
Hi BP'ers. Does any have experience with adding verbiage into their lease or addendums that gives the owner the right to terminate the lease with the tenant (not at the end of the lease) in 30/60/90 days because of a...
I used a general unknown to me accountant and I had to pay a lot to the IRS. Having two rental properties I feel that I should not have paid or paid so much. I know the tax laws changed but...… Should I just live with...
When you are running the cash flow analysis on a sheriffs auction property what dollar amount is a good estimate for repair costs? I know its a pretty vague question but is there a general amount you would use (based...