Short version: 4 adults (family) rent our Townhouse on a 3-year lease. "Bob-The Son" gets hooked on heroin, vacates the property, returns to steal everyone else's stuff to pawn for drugs, gets arrested and goes to jai...
Here's my situation: I want to buy an investment property at 20% down (which would be $10k-11k).I can get a loan for the down payment (talked with a credit union already). If I choose 5 years for repayment of this loa...
Hello, I am pretty comfortable evaluating deals up to 4 units and have a have some experience with how the expenses run for these.A great 10 plex just came up for sale by the bank, and I am curious how my analysis mig...
I am in a pretty hot market like in South Florida. Rent is pretty hot but to get a 2% on a house or property is a pretty hard find. but What if I wanted to get lets say a house worth 300K and rent it for about 2,400...
Hey Everyone!New Investor here in Charleston SC! My wife and I are in the process of converting our primary home into a rental. I have created an LLC and plan to transfer the property title to the LLC. My question ...
Hi everyone. New member here. Im thinking about getting my real estate license in North Carolina and I am starting to study. I think I would like to work with investors and have a question about 1031. How would one st...
I own a single family home free and clear, worth about $350k. I also have about $50k for a down payment. My FICO scores are 750+ and I have no debt of any kind. However, my monthly income is less than $2,000. Traditio...
Hello Everyone! This is my very first post on BiggerPockets and I have to say BP is AMAZING. From the website layout and ease-of-use, to the many different avenues that constantly provide great information like the B...
Hello BP members. Recently I purchased a new rental that was distressed to say the least. I purchased the property from a landlord who was just burned out. His tenant went on a drug/drinking binge and he and locked hi...
Dear BP Indianapolis Real Estate Community,I would be interested to hear if anyone has a view/opinion (pro or con) on this week's article in the Indianapolis Business Journal (see below), which asserts that the neighb...