I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
Here is my list of the most dangerous real estate related investments for the “non professional” investor lacking direct knowledge and experience in these investments 1. Tax liens2. Mortgage notes3. Syndicated real e...
Does someone have a good link or can provide info on laws regarding capital gains taxes and income taxes on property in Mexico? Am looking to buy something in the Tulum area that will be used as a vacation home but al...
Hi all!My name is Serena Tillman and I’m new to Bigger Pockets. During this pandemic and social distancing, my hope is to truly grasp REI as much as possible to start the process of purchasing my first property at the...
I went for a revisit and coffee session today .After some time, her homes came up for conversation.
Here's the break down....
Five homes free and clear,
owner 82 years old/ daughter 55 years old
Income cashflow:$...
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Hi All, I am planning to invest in Bakersfield, CA and looking to build a local team. Can you please recommend Property Managers in the Bakersfield Area. Thanks!
Hey guys! My name is Ben Morand and I’m a 20 year old college student at the University of Florida. Over the past several months I have taken all the action I feel I could’ve taken in terms of growing my real estate k...
As a business owner already, I have seen many say, "You are so young, how did you start?" "Where did you get the funds to do it?" or "Where did you learn what you know about business?"I answer all the questions as hon...
Hello BP,
First time home buyer here and need some insight/advise on my current situation. I'm currently under contact on a MFH for $650,000 and had an appraisal come back at $475k, approximately $175k under that pri...