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I put in a LOI on a property that was turned down today. It's a multiunit property that had an asking price of almost 400k, based on my analysis the most I could offer was around 140k. So, I offered a bit less than ...
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Hello Investors,
I hope you're all doing well. I wanted to reach out and seek some advice from you regarding a situation I'm currently facing. As I started marketing the property, I received numerous rental applicat...
Currently in college and I want to get into REI. I'm particularly interested in multifamily homes as I'd like to house hack. I currently live in Houston but I am interested in Seattle , Portland, and the DMV area. Can...
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I'm in Chattanooga, TN currently. My property inspection on a 16-plex I purchased was yesterday. Crazy how much mold is underneath all of the units, so I'm sure it's deep in the walls, etc. Also, 16 joists need to be ...
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Hey, bigger pockets family. I'm really struggling and getting burnt out with trying to own 3 rental properties on my own with no experience and trying to manage and learn every aspect myself. How can I reduce this str...
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I may set up an option contract for a portion of an existing lot. For those of you who have done this before, did you get everything surveyed so you know what boundaries to put in the option contract, or did you cont...
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We have been getting a lot of requests for mid term rentals. We have basically switch some of our properties from short term Airbnb’s to mid term rentals.Currently looking to buy the next property to help accommodate ...
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Hello everyone,My mother and I are considering our next move but do not know the best way.Properties owned:4-plex: Value $1.15 million. $530,000 owed at 4.25%, $4000 monthly payments over 15 years. Title: Mother and m...
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With a crowded market in my area, I'm still finding it semi simple to find great deals. Though with low money reserves and fair credit I have delays getting the funding needed.All the deals I find that are good enough...
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Has anyone use forgiveness of debt if a tenant leaves/evicted owing back rent money? A quick google search... If a creditor discharged a debt of $600 or more, you should receive a Form 1099-C from the IRS showing the ...