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Hi all! I am currently closing on my first rental deal! It's a 2 acre, 3 mobile home unit property with all three units currently rented. I just found out that one of the current tenants is a registered sex offende...
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Hi everyone. We have a lease with option to buy offer on a house in Florida from Bridgehouse America in Phoenix, Arizona. They are interested in doing a sandwich lease option or assigning the option back to us. Acc...
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I hear people often say that real estate is treated more advantageously from a tax perspective than other businesses. I frequently hear people say something along the lines of "I get 15% rate of return, and that's no...
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So I don't really understand the whole Refi and HELOC situation... I have a few questions.What are interest rates usually like compared to traditional residential mortgages?What is the difference between refi and helo...
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In reviewing past threads, I admit being sent into a mild panic over this 50% percent rule of thumb, despite the fact that I am experienced and currently own and operate 41 units... single family and duplexes with ...
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Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
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I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
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Hi all. Want first to say how much I appreciate Bigger Pockets and the wonderful advice I have received here..
I own 3 rental properties at this point. My wife and I have lived in our personal residence for the pas...
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So if you read my previous post regarding the terrible PM i had you must know that i had my share of terrible PMs who know only to collect the rent and their fees and nothing else. So I was fed up with it. I started t...
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Hey guys I'm wondering about a few different finance options on a larger scale flip.I found a 4 bed 2.5 bath on 6.8 acres about to go into foreclosure. It's been on market around 100 days, they're asking 115k for it. ...