My wife and I took a chance in 2013 in buying a duplex as our first home in a not so good neighborhood in Vermont that has appreciated well. We fixed up our side quite a bit and dealt with evictions on the other side....
Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...
I have a girl living in one of my units. She is around 30 years old, single, has a good job, and a credit score over 800. This is a nice one bedroom apt. We just totally redid the building she lives in. The proble...
Hey biggerpockets community!It's a done deal we have closed on our first duplex and first investment property. We are very excited and a little (or a lot) nervous at the same time.We bought our duplex for roughly $80...
Hey friend :)I am currently maxing out my 401k, which leaves almost nothing left to save for a down payment. This made sense: my company offered a 25% match on 100% of my contributions. However, I am now planning to l...
Fannie Mae house set to close tomorrow and the final walk through discovered all copper pipes have been removed. I want the house, but what do I do. I'm at a lost.....All utilities was on and functional during the app...
Hello , My name is Griffin I am 20 years old living in Buffalo New York. I have become educated in several investment strategies as well as financing options. My goal now is to build a cash base to afford some down pa...
Hey so I haven't done any deals yet and I was wondering what people do when they budget on a monthly basis on their rental properties for Repairs,Property Management,Capex,vacancy...etc. Do they have checking accounts...
My wife is under the impression that you can’t make money on Real estate until a home is paid off. It’s definitely a point of contention for us. Can someone tell me what the path looks like to financial freedom? If my...
Has anyone ever worked with a Seller to flip their home?
Here's what I'm thinking... Seller has a single family house worth about $60k as-is. He owns it free and clear with no liens. I've offered to buy it for cas...