Tiffany Drahonovsky
1st month owning a SFR, tenant tells me today she pays the 3rd wk
Hello folks! Thanks in advance for any help. My first few weeks as an investor have been exciting to say the least!I took a contract assignment and closed on this SFR Jan 16. The prior lease had expired back in Nov. H...
Hani Alomar
Guys, is the time right to buy a rental property in the Midwest?
Friends, I've been wanting to buy a rental investment in any of the following states: IL, IN, GA, MI but im getting cold feet. Everyone is telling me to wait for a correction. Your thoughts please
Nate Hawkins
FINALLY! How to find A+ contractors
Over 6,000 posts and A LOT of podcasts later people still do not know how to find a GREAT contractors.Raise your hand if you want one!There is no need for a lengthy post short and sweet makes it happen.I am a contract...
Kyle Baron
To Evict, Or Not To Evict?
Hello fellow Bigger Pockets members - My name is Kyle and I am a beginning investor in Minneapolis Minnesota (my property is in Anoka county), and I am wondering whether or not I should evict my tenants!Here is my sit...
Jonathan Weeks
What to do when you're approaching 'desperate'
Hey!I wanted to start this thread to get some insight as to what I should do about approaching that point that so many starting out do - The point when the fire to invest starts to dwindle as you approach information ...
Jason L.
Rental Kitchen Cabinets: Is it worth it to buy more expensive?
I am remodeling a small kitchen (70 SF) I have on a house I have under contract right now. The kitchen is old and dingy, and I wanted to change it out so that we can add a dishwasher to the space (there currently isn'...
John K.
Net Present Value (NPV) - the most accurate deal analysis?
Even though Net Present Value is used mainly in financial management I think it is probably the best ratio/calculation for analyzing a real estate deal. Unfortunately in Real Estate Analysis people usually use mainly ...
Jason Branum
I need help running these numbers! Big purchase (make or break) 20 unit 2bd 1.5 bath apartment. I have provided the calculator screenshot.
I was given an exclusive lead on a apartment complex purchase and the numbers appear a bit tight. Please help!This is a 20 unit complex within a mile of my house... I'm committing the bigger pockets cardinal sin becau...
Rhiannon Then
Fair Security Deposit?
Question at the bottom if you hate long posts, lol.
So literally 30 minutes ago, my neighbor who lives across the street told me she wants to rent my home. We are moving this weekend and planned to lease through a P...
Ben C.
S-Corp or LLC for flips?
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...