Heather Brooke
Thinking about first property
Hey everyone, 36F this is very new to me. I’ve been reading and looking at my local market trying to determine how to get started. My husband and I have 3 kids, our primary residence is recently completely paid for ($...
Dylan Meeker
Inherited tenant problem
A unit in my duplex has a washer that has quit working. It's not specified in the lease whether the washer is mine or theirs, I would like to know if since it's not mentioned that makes it my responsibility or if I ca...
Magesh R.
MF prop evaluation
I am looking at a potential 10-unit MF deal in Columbus, OH. Now, I have read about NOI, CAP rate etc and evaluating the purchase price based on cap-rate. But as I sat down with a spread sheet to plug the numbers in, ...
Heather Hall
Needing Advice re: selling or renting out a 4200 sq ft home
Should I sell my home in Colorado Springs/ Broadmoor area or convert it into a rental?? First I will list the specs on the house and then I will list my questions. Thanks for your advice!A) Home specs * It is 4100 s...
Mark Forest
Sewer line fix capitalize or expense
Hello, I have asked this question before, but after doing research I must disagree with the original poster. I spent almost $5K to have a plumbing company dig a hole in my yard and put a $6 boot on a cracked sewer li...
Judy Mitchell
American residing in Bangkok wanting to invest in the US
Hello BPers,I have been an avid (mostly) lurker for about 1 year on Bigger Pockets. I am an American living in Bangkok for 10+ years and plan to return to the US (Colorado) in 4 years when my younger son graduates hi...
Jesse Lynch
Two successful flips in South Minneapolis, MN!
Starting in the beginning of 2013 I partnered with my mother to try our hand at flips. She, the lender, me the designer/grunt. After what was certainly an absurd amount of house showings (I still feel bad for our bu...
Joel Owens
Tax gain on sale question for commercial property.
Getting feedback on a situation.Transaction of 4 million and buyer is putting down a certain percentage. Seller is agreeing to carry back 5% second of 400k fixed with a 30 year amortization for 2 years.Sellers comment...
Henrietta M.
structuring motivated sellers assumable loan, no money down deal?
Hello! I have motivated sellers selling a 3 bd 2 ba modular home, 1500 sq ft. It's located in a once popular oil field town, outskirts of Colorado. The husband got a job 155 miles away and that's the motivation.They r...
Gary F.
Potential Duplex Investment
I'll be the first to admit, I'm a total newbie at REI. I've been trying to educate myself as much as possible reading the many posts here on BP.My situation:I have a plenty of equity on my current home. I currently ...