I am a younger attorney located in Los Angeles with experience in government and landlord/tenant law.  I've decided to take the first steps into real estate investing with a business partner, also located in Los Angel...

Hi everyone,I’m about to close my first investment property. The current owner has an on-site manager to help him taking care the property. The manager is responsible for maintenance, lawn, cleaning and some other mis...

Hey BP nation,I decided a few months ago to put my crash course education into action, jump into the game, and pull the trigger once I found a deal where the numbers made sense. I found a 4-plex and am under contract ...

I've been stuck in a bit of analysis paralysis the last 24 hours, and it's driving me nuts.  I've never purchased a deal this big.Here's the basic deal:I have the option to purchase 6 almost identical duplexes as a pa...

Hello All, Please help me poke holes in these numbers (owner provided for the most part). C Building in a B area. Unsure about deferred maintenance at this time.  Thank you!Unit Type/ Rent /# of units2 BDR $750.00  (1...

There was a thread on the board by @Nancy Neville on the general topic of 1099misc.  Apparently it got zapped somehow by the moderators as I can't now find it anymore.  I do have a side-question related to that topic ...

Hi, I am just starting out as a landlord and am trying to learn from my mistakes. I believe I have not been adequately record keeping my maintenance expenses. I do repairs and upgrades myself and only keep records of ...

Hi everyone,I am brand new to Bigger Pockets.  I have started using the rental property calculator to assess the profitability of  a typical 2 family in my neighborhood.  Prices here in Riverdale, Bronx, NY are high. ...

I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...

Hi, I saw post mentioning that the rental income isn't taxed the same as W-2, I'm wondering how I can go about figuring out exactly how much positive cashflow I will need to equate my current income of 65k. I know ren...