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Hello Everyone - It is a pleasure to be a part of the BiggerPockets community. There seems to be a wealth of knowledge to be gained. My name is Evan Doan, I have been married for 5 years now and i have 3 children with...
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Good morning/ afternoon BP family,I have an owner finance deal that I am pursuing and would like the best course of action. Here is the deal:Property has an ARV of $250,000Purchase Price is $190,000Rehab: $5,000-8,000...
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Hi everyone,My wife and I are purchasing our first self storage facility and are partnering with our friend and his wife. My wife and I currently have an LLC, but no purchases with it yet. What would be the best way t...
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I just purchased my first rental property and am working to get tenants in there. I was wondering how often I should preform inspections of the property and what I should be looking for. This is a single- family pro...
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I've been doing work on a couple derelict houses that I bought in order to get them up to rental standards. The City Building Official freaked out that I've not used a licensed contractor for ALL the work..I used sepa...
If a landlord finances me his property and he says everything in the property is ok. Do i still need to do an inspection? Because if he rents his house it means he already fixed it and he made sure everything is ok t...
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I know this topic comes up often, but just wondering... I found a house, both owners passed away 10 years ago. House has been vacant since. Taxes became delinquent 4 years ago, owners had no children but does have oth...
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Quick question about an investment property I'm purchasing.
Purchase price of 100k (cash)
Rental rate of 800-950 (let's use 875 as a mark)
$365 out of my pocket every month for HOA Taxes and Insurance and management
...
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Here is my situation. I own an investment property that I am selling and wish to do a 1031 exchange. Is it possible to use the gains from the sale toward an addition on my primary residence. For example to build a uni...
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Hi all, I am purchasing two condo units in the same building. I find the fee to be a bit high. However, I was asking myself, Do I really need to do an inspection. All of the mechanicals are covered under the HOA fee. ...