One of my tenants is asking me for a W9. Ever since they've moved in, they've been paying their rent in 3 checks: a personal check, a check from their first business, and a check from their second business. This has n...
First, thank you for taking the time to read this. The Bigger Pockets community is very impressive.I read Kiyosaki's "Rich Dad Poor Dad" book over the past two weeks, and very much identified with his poor dad. Peop...
HiI am new in real estate investing and was looking to one day buy a SFD in my area. However, the "2% rule" seems totally shot in my local market. Looking at several online tools and doing some comps on Craigslist, i...
I have crunched the numbers and I see a negative cash flow, I would love a 2nd opinion.
Let's say you show a $500 annual profit after deprecation on your rental property on your taxes, wouldn't the lender divide that $500 by 12 and add that to your monthly income? I'm trying to figure out how much to cla...
Any neighborhoods you recommend focusing on or staying away from?I plan to visit soon, but haven’t been there yet. I would like to focus on the safer nicer neighborhoods or even cities in the Metropolitan area of Cle...
Hello Pocketiers!
Another newbie from Milwaukee (a.k.a MILL-E-WAH-QUE according to Wayne's World:))
I am finally sending out my intro post after many months of reading and listening to the excellent podcasts and jus...
This is all very new to me, but I started listening to the BP podcast about a month ago and realized I have a strong interest in real estate investing. I'm using my workout time to educate myself daily and feel overwh...
Does anyone have experience renting out cabins in the west coast? I am looking into possibly purchasing a Cabin in either Lake Tahoe, Mammoth, or Big bear. I am thinking about purchasing one as a "second home" which s...
Rewiring most of a house I'm flipping due to it containing knob & tube. Taking down a load-bearing wall and redoing some of the ceiling on the first floor. The house was built in 1930. Fire code states if a house ...