Hello Bigger Pockets,I have a foreclosed triplex under contract for $24,000. (Other numbers below for those interested.) However, my real question has to do with a couple of red flags that we are seeing that may just ...

What is the best procedure to calculate arv when analyzing a potential BRRRR deal? Is this done before due diligence with a contractor or after due diligence ? Should you have to pay for quotes before you really know ...

Hi all,I am looking at a property with fire damage.  The price is awesome and the area is a B class neighborhood, but it has extensive fire damage on the first floor ( it is a 2 family).  No interior access is allowed...

Does anyone have a good "operating procedures" for new tenants? Like a standard 1 page list of do's and don'ts, contact info, payment procedures, late fee info, etc.  This would be a quick "read" that is beyond the re...

I am getting a bit confused about what capital improvement costs for my real estate portfolio can be immediately expensed vs need to be added to my basis and depreciated over time.  I am further confused by the concep...

Suppose I own a single-family rental property and the long-term (8 year) tenant vacates.  I want to move into the property to complete extensive repairs/maintenance in anticipation of a sale.  The intent would be to d...

I'm trying to figure out the steps and proper license needed in order to start mobile home investing in Washington state.  Is a license necessary when making my first few deals?  I read that as long as I don't sell mo...

My tenants are currently delinquent on one month's rent. We have begun eviction proceedings. My question, however, is: Does the tenants' breaking of the lease forfeit the 2 months of security deposit? As in, does the ...

This has been the biggest red flag with under market properties that you wonder ... well, why can they be had at a certain price, and everyone avoids them because of how costly and risky foundation fixes are.My questi...

I put a bid in on a house in mid-December and the bank finally asked for a BPO in Mid-February and I think a loss mitigation analyst has been assigned to this file in late Feb.

Today I was given a contract addendum f...