Hi, I'm a newbie in the real estate investment arena. I'm interested to learn the ropes to ultimately grow a personal business that generates cash flow well into the future.My short term goal are to flip several homes...
I just rented to new renters and they are going to do autopay with direct deposit into my account. They are asking for a receipt for paying rent each month for peace of mind. I have never had a renter ask for somethin...
Kinda of a newbie here, only my 3rd rental. My tenants moved in over Easter weekend so I left utilities in my name until Tuesday. I confirmed all had been transfered, which they acknowledged, then proceeded to turn of...
Hello everyone, I'm brand new to the Real Estate world and I watch a lot of Podcast from BiggerPockets, but I need some advises please. I purchased my house in 2021 and already paid off the house last month. My house...
I have commercial property that generates $144,000 per year on NNN leases. My mortgage totals $36,000 per year.
I am nearing a condemnation offer from the state due to a new bridge going through the property.
I hav...
Hi all, Like many of you I'm sure, I've come to this site with the aspirations of changing the long-term financial future for myself and my loved ones. Since deciding that I wanted to make REI part of my strategy for ...
Hello BP, My name is Will Johnson. I live in DuPage County IL (just outside Chicago). I joined BP because I am just getting into the real estate investing game and I want to learn as much as I can. I have some ve...
We're doing some planning for next year to reduce taxes and I was hoping some of our more astute investors could give me some ideas about generating large depreciation expenses to reduce passive income. The following...
I have a great tenant in one of my SFH rentals who asked if I would be interested in selling the property to them. The tenant has been in the property since February 2020 and pays rent on time every month, and sometim...
Getting ready to start my real-estate investing journey but trying to get my questions and concerns answered before I start. So this is a very elementary question (sorry)! If you use the BRRR method of investing for b...