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Hey guys I am just finishing my first campaign and close to starting another. Does anyone have recommendations on where to find great deals or promotions on yellow letters?
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I am confused. I just started learning how to underwrite commercial real estate deals. The property that I was interested in last sold in 2019 for 2.5M and the property taxes have stayed relatively the same since. How...
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Recent report by corelogic indicates no crisis in the offing. and defaults are down since June. So those sitting and waiting for this massive foreclosure correction might not see that.What I personally think is for su...
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As of late, there seems to be a bumper crop of prospective tenants claiming that their reason for seeking a new rental unit is that their landlord is selling the property. Yet, the number of houses coming on the marke...
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Hey BP,I am looking at purchasing a home in Warren, MI. The numbers all make sense but when I call the city/county they are estimating the taxes to be $4200 next year on a 117k sale price.If that turns out to be true ...
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Hello,
I am asking this question for a co-worker. He bought a rental property 15 years ago and has never taken depreciation on that property. Not clear on the reason for not taking it, I think he just had a bad accou...
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They Say it's inevitable... One day you will have to evict a tenant no matter how good you think you are at what you do. I just learned a $15,000 Lesson! SHAME ON ME RIGHT?Here's the story: This is the first Tenant ...
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How Often Do You Inspect Your Rental Properties?
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My name is Jay Shirodkar and I’m new to the Charlottesville, VA area. I have previous investment experience with buy-hold-rent strategies. My goal in this area is to start out in wholesaling and then move into the acq...
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Good afternoon BiggerPockets!I am currently looking at a deal in Houston, TX that only cash flows if the property taxes stay where they are today or only go up slightly. The current tax appraisal is at $110k and the A...