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I put in an offer on a triplex this morning. This evening I received this letter back from the listing agent, basically telling me that the neighbors said that the property was a meth lab. The owner says they aren't a...
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I'm making offers on homes near a resort, where a large fraction of homes serve as STRs. As I crunch the numbers for how much net income can be expected from STRs there, it seems that the housing market prices do not...
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The tenants stayed at the property for almost 5 years. He gave me a notice to move out four days ago. He bought a house and moved out. I came by last night to do a walk through. The house has damages (blinds we...
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My property manager (Unofficial he collects an sends rent and I hire him for repairs) sent me pics of the tenant parking on the lawn. There are complaints from neighbors about the tenant getting drunk and just being a...
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Hi everyone, I am new to this game and my wife and I were looking to buy our first buy and hold residential property in the next year or so. As we have been educating ourselves, it has become clear that as a best prac...
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If you look over the Best Real Estate Books blog post by @Brandon Turner you will see Rich Dad, Poor Dad as one of the best business books for real estate entrepreneurs. I will admit, I found it to be one of the best ...
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I am an active developer of both residential and commercial properties overseas, and I am currently under contract to purchase my first property in the US. It is a multi tenant retail property anchored by a discount ...
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Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
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Hey folks, loving the BP community thus far, hoping to make my first purchase soon! Stuck on a bit of a hard-spot though, might be over thinking. A lot of the education (books, podcasts, forums, etc) I've been taking ...
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If you listened to the newest Podcast about how the tax reform affects real estate investors (if not here's the link):https://www.biggerpockets.com/renewsblog/biggerpockets-podcast-269-how-the-new-tax-code-affects-you...