I just closed on my first duplex. Both units are occupied with inherited hud tenants. One of them is a looney problem tenant that will not have her lease renewed (2 months from now) due to renovations. Her latest requ...

Does anyone have any heuristics or rules of thumb regarding the price premium (or discount) associated with changing a residential, undeveloped lot to a commercial lot--assuming you can get the zoning change? I'm su...

Hello everyone,I am considering putting all cash offer (I have funds available - read more below), but I will be using conventional financing as it will be owner occupied by myself. Could anything go wrong?.I found a ...

Hello, I've been looking to purchase a duplex in Northeast Los Angeles. The seller's agent told me that there is potential with this property to change the zoning codes to accommodate more units.  How can I verify thi...

I'm curious. We have hundreds of posters, thousands of posts and tons of questions posed on here.
It made me wonder today as I was posting some advice to questions I received. Does ANYONE ever take the advice? I'...

I have a condo that I want to sell.  Owned more than 5 years, never owner occupied.  I want to claim the condo as my primary residence and keep current residence as a second/vacation home.  
Reading publication 523- ...

Hello Bigger Pockets peeps.PM company offering me this service. Not sure if I should go for it. I'd rather buy a bunch of filters and mail them to the tenant because that always seems to be the problem with HVAC.  The...

I purchased a small house in 2018 and rented it out from Aug 2019 - Aug. 2020 to my sister to use as storage.  In Aug. 2020 to now, I tore it down and rebuilding a bigger house on the property.  Since I rented it out ...

So this deal is as such:
545k, plus 19k to the wholesaler.
14 units of efficiencies, 2 units of two beds.
2015 gross was 101k, plus 4K from laundry coin machines.
NOI was 61k, landlord pays all utilities for the effic...

Hey BP Nation,
This might be stale news to some, but I just wanted to share a few tax changes I have been sharing with my clients and thought was interesting. As the title reveals, they are Federal changes with one ...