I am just getting started in real estate investing. I am looking for investment income in 12-15 years for retirement and I do not want to generate income currently. I currently have cash to invest and I just recentl...
Hello Biggerpockets,Some background on me: I own a design + build firm here in l.a. and have done plenty of flips and currently own 14 doors (2- 4units, 1- 3 unit, 1 duplex, 1 sfd) My agent recently brought me a prop...
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If a loan is held as follows in the following large hundreds of loans portfolio: BofA, as Trustee for Washington Mutual mortgage certificate pass through 2007"
Ok, from my understanding it is necessary to use the tax assessed value to help make an offer to the buyer. But I was told by another wholesaler that the assessed value can sometimes be wrong and the house may be wort...
Hello, I'm a 21yr old rookie, ignorant to the nuances of real estate investing and really, life in general. However I'm naïve and passionate enough to believe I can make a career out of real estate investing. With tha...
Boy oh boy, I figured I'd regret this decision! I had some tenants which agreed to sign a lease 15 days early (to cut the difference between me having it vacant and them not being able to move in till 15 days after si...
Hello everyone, I have a situation where I bought a property in Oklahoma with a combination shop/apartment. The apartment is rented for $500 a month, and the shop is vacant. I think together it could bring around $1,8...
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
First, I am anticipating this scenario, it hasn't actually happened yet. I purchased a house 18 months ago with seller financing and theres a 24 month balloon. I have a buyer for the property now. Based on emails with...