I have recently been asked if I'd be interested in purchasing a mobile home park for $69,900 that produces $1,900 monthly income with 5 more spots available.I have no clue where to get started and what questions to as...
What are the best tools out there for tracking expenses you've been using. I feel like I've been burning through my seed capital budget but having a tough time keeping track of every expense to manage things better. S...
Husband and I are considering buying his parents' home and I have some questions about this and would love any feedback on how to minimize hassle and our costs. We're doing this for two main reasons: 1) Prevent his da...
Hello Investors: I'm looking at investing in an RV Park. Any pitfalls I should look out for? I see the Profit and Loss statement on one I am interested in, and largest expense is utilities. I would be an out of state ...
I would appreciate some BP wisdom on this. We just bought our first property in Missouri and the PM agreement includes the following two sections that are troubling -- we haven't seen this language before. It se...
Hi BiggerPockets!
I'm fairly new to investing in real estate and decided that house hacking for my first RE investment is the way to go due to it being low money down, and hopefully use it to eliminate my biggest exp...
For a new investor like me, any thoughts on what is a fair price range to purchase my first property? Looking at homes in different parts of the state and mostly see anywhere from 200k-and up. Wondering what would be ...
Can someone please clarify this for me?3 seperate buildings, parceled as 3 seperate addresses so investor can get single family financing on this, is that correct? What other information would an investor want to see...
Saw a quadplex and thought it was a SWEET deal. Did the numbers using estimates and it worked. Then I found out about the $25k taxes. Then I found out the $14k expenses. That is $3k on top of the $6k($9k total) mortga...
I just filed my taxes for 2018, and had to pay in a significant amount of money. This got me exploring some of the details of my situation and trying to figure out some of the math and the logic for certain things. I...