Hi, So when making "lists" it is standard to look for absentee owners with 30-100% equity in the home. What would be the motivation for someone to sell at a low price if they have 100% equity? A family member death ...
I am not sure how to ask or propose my question, but I invested with a big pool of investors in a large apartment complex in San Antonio. I just got a K1 form and it shows a huge loss. Do I file that on my tax returns?
I am about to start shopping for home owner's insurance for my rental property. What type of things should I consider having a part of my policy? And what would you recommend about the amount of coverage I have? The h...
Hi all - I’m a first-time investor located in Chicago who is still learning the ropes of underwriting. I’m looking to buy a 2/1 in the 350-400k range as a primary residence and rent out the second room as a first step...
Hello all, I have the opportunity to buy more than one property but wanted to make sure I have enough money in reserve for problems with the rehab, longer time to get a tenant, etc. I am going to budget money for vac...
I'm curious who has done this successfully in the past and can offer tips on the Do's and Do Not's so that both sides win. I've heard a couple times that someone has had provided the sweat equity with their partner j...
I recently purchased a vacant duplex in Oakland and I expect the total rent to be around $4500 per month. I noticed that the rent increase cap is 2.7% per year. I’m scared that if I decide to sell the duplex in the fu...
Random thought this morning. On several bp episodes, they mention you have to train your tenants properly. What are some effective ways of executing that? What are some examples? Thank you!
We have cracking issues on a duplex in CA due to bad soil/earthquakes - the cracks always reappear. We've taken care of cracks/painted every time there's a new tenant but this tenant has stayed longer than most (nearl...
Whats up Bigger Pockets? My name is Blake, Located in Cleveland, OH. Being a year removed from college I have decided I want to start real estate investing. Living in a good market for investing and being around fri...