Hey Biggerpockets peeps,I am looking to take on my first investment property EVER. I dont want to be stuck on analysis paralysis so I came here to hopefully get some insight on what I should be looking to expect from ...
I am a Broker in WI turned full time investor, I use to just flip, but am now adding rentals, 4 in the last 9 mo. If I was not a broker my rental income would truly passive and not subject to self employment tax, but ...
I currently own 2 positive cash flowing duplexes and intend to grow my portfolio over the next 20 years or so. While analyzing a property for purchase, I allocate %5 of gross rents for capital expenditures. On my most...
Hey everyone! I've got an interesting tenant situation on my hands and was looking for some advice.Some backstory:I closed on a 4 unit building with 1 inherited tenant. To say she is a hoarder is over simplifying th...
When you buy a tax certificate for vacant land in Alabama,1) Do you have to wait 3 years to get the tax deed and in the mean time have no right to the property2) Do you still have to take possession of the land after ...
Looked at a vacation rental home today off 192 near Clermont. House priced to sell but the current management company is charging a 15% fee along with a $265 monthly fee for pool and pest control. This works out to be...
Suppose I have $1,000,000 loaned to a dentist to finance his medical equipment (decent credit background). The payments are due monthly over 5 years (60 months). The monthly payment is $21,247.04 for the life of th...
Hey BP community,
I just recently purchased a 2 family in Newark in which I inherited tenants that the previous owner had. I wasn't 100% sure If I wanted to keep them or not but decided to keep them because they were...
Hi everyone,I am pretty new to the site and have been learning a ton poking around here. This is one of my first posts so please be gentle. I'm asking for two reasons... first I am about to self manage for the first t...
Hello BiggerPockets! Seriously looking for some help here, I don't know what to do. I purchased a property as a rental, and once moving out all the old owners things I realized there's some foundation and water damage...