Hello BiggerPockets Community! When it comes to determining the price to pay for a distressed property, how do you determine that? How do you know when you shouldn't pay more than the value for the land? How do you ge...
We know what you want: more profit while working less in your real estate business. As a rookie, investing in real estate can sometimes seem like more trouble than it’s worth. But, a few simple adjustments can take HO...
Hello,
Curious to know what you'd do in this situation. Rent is due today (October 1st). Tenant asked if we could work with her to avoid late payment fee (assessed if rent not paid prior to or on 4th day of month) si...
So I'm selling my property In NYC and getting lots of attention. A agent from Marcus and Millichap (MM), a national brokerage firm, reaches out to me and says he has an interested buyer. I say okay and explain...
The village we have rentals in want to create an ordinance making the landlord responsible for the tenant’s actions.
From one of the council members: “For those of you that read the article in the paper. Village to s...
Can someone explain the tax benefits of real estate? I know what the 1031 exchange is, but don’t know the concept of depreciation and how that is a benefit to real estate investors. Any other tax benefits that you g...
Hello,Some clients have been interested in investing in a syndication deal using their self directed IRA funds. When discussing it, the following came up that I’m very curious about. If I’m a general partner/sponsor o...
I have started discussions with lenders to refinance a MF in Phoenix and I was curious about appraisals and the cost incurred by them.Quick background: There are currently 10 CLOSED listings from the past couple of m...
Hello all,I am seeking advice on a unique situation. I am trying to figure out how to make a seemingly impossible deal happen for me.The story: There is an abandoned house in very close proximity to my primary reside...
I am shopping around for a cash out refi on a rental property and have a couple of very good prospects. Conventional loan, excellent credit and reserves, nothing owed on the property and the property is seasoned. One ...