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Okay, so one of my tenants (My oldest, longest, and most loved tenant), an elderly lady, went into the hospital at the end of December for surgery. She told me her January rent might be late a few days because of it. ...
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Hi everyone! My name is Dean and i'm currently a 21-year-old attending college in Arizona, however, I reside with my mother in El Paso. First things first, I would like to say that BiggerPockets has undoubtedly shifte...
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Long story short: Should I bother taking a nightmare previous tenant to court for $1500? I looked at the pro se small claims court website in my area - which is 45 minutes away, and it says that ALL cases are referr...
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I am happy to report the recent sale of a 240 unit apartment complex for $13.25 million located in Stone Mountain, Georgia a suburb of Atlanta. Last year I shared details about the purchase of this deal, here is the l...
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I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...
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When a person defaults on their payments, after a certain period of time if you don't pay it off, the bank just forecloses on you right? But then some people have trustee sales instead? How does that work, the bank gi...
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My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
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FolksWhat would one do with 1Mil or 1.5Mil Cash? Stock market is flat this year. I have a 4 unit multi family and understand Berkeley/Oakland Market. I don't mind moving to a large Unit size property. But this is...
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Hi,
I'm a newbie to real estate investing. My time has been spent educating myself over the past several months. I'm ready to begin assembling my team and get a corporate structure in order. My first team...
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Hi BiggerPockets community!!I joined a few months ago, but I just recently started listening to the podcast and finding how helpful this forum can be. I’m excited to engage with everyone to find areas to add value. My...