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I invest in Indianapolis, and I am closing on 2 more rentals in the next couple of weeks. I have been working with a great lender and I have been able to lock in low 30-year rates, which is definitely a great thing as...
Hello BP members,I am currently 19 years of age, and I will be 20 in October. I have been fascinated with the creativity of RE development ever since I was about 17, and from that point until now, I have done a lot ex...
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I'm a couple months into owning a rental property in NY. Bigger Pockets was a huge getting it nailed down! Now I've got my first post-purchase question.The home I purchased was a gut renovation flip. To make a long st...
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How many agents who work with REO properties are disclosing to their buyers that they may not have a clear title to that property? Went to the local REI meeting last night and they were discussing how the banks and re...
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Hi BP community, I am in the midst of buying a 3 family property, the list price is $440. My initial offer on the house was at $420k, which was beat by an above list offer. Lucky for me, the offer from the other par...
Hello everyone,
I had some questions about networking at REIA meetings. I've been to five of my local REIA meetings since last Fall and I have yet to meet anyone who is willing to give me the time of day besi...
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Hi BP CommunityI am looking to teaming up with a reliable contractor for my rehabbing homes business, but are contractors reliable now a days?What do you look for on a contractor you plan to work with?Is it fair to sa...
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"For the first $40,000 of your income, the capital gain tax rate is 0%! You pay nothing!"
Fantastic, but what does it actually mean?
If I have no job and sell a property for $100,000 - does it mean I pay nothing for...
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Hi all,The retail strip I manage is 5 years old and is in good shape. I just took over management 2 years ago and don't think previous management/landlord ever did roof maintenance (giving it was still new back then)...
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So, I recently listed a property for rent or for sale by owner. I have had several inquires about the property as a rental and the majority of them have been people on disability benefits. I know enough to know that...