HiI have got hooked to BP now. I have been listening to podcasts and reading the forums and also looking at marketplace. I have the cash and I like those returns I see. Those 7-10% returns look so cool. But I am very ...
Here is the situation...I am purchasing two properties. Total between them is $183K. The seller doesnt care how i split up the purchase prices. So it got me thinking, the one property has a likelihood to appraise for ...
Hello Everyone,I was wondering if any experienced landlords had any tips for maximizing cash flow in duplexes/triplexes. To me it seems as thought the initial cash flow that you begin with after purchasing the proper...
I'm going for an Actual Cash Value policy instead of Replacement Cost.1) Should I get the loss of rent option? Not sure how valuable this is.2) The basic policy doesn't cover water damage. Is water damage coverage a m...
Greetings BiggerPockets community, I finally purchased my first property and I'm seeking guidance on my complicated situation. The issue is that I bought a home from a distressed seller whose son refuses to vacate pro...
1st time landlord. Closing on 2 properties by end of December. Need to find tenants. Rentec Direct does screening and lists on websites $500 per year. Property management will do everything but wants 1st month ...
As a property manager, my responsibilities extend far beyond simply managing day-to-day operations; I'm also involve protecting the long-term value and profitability of my landlord's investments. Handling home warrant...
Thought I'd share my recent decision to not complete a 1031 exchange and get your thoughts. I recently sold an investment property with net proceeds of $1.8M. Cap Gains on this will be ~$400K. 1. I was having troub...
I've been reading many different threads, and I find all of them really fascinating. Each one is it's own story, yet in a way they are all related and you use the same tools to solve the problem(just like in poker).
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Tenant is moving out of paid off property in August. The property was purchased seven years ago for 56k in a C- neighborhood, which is now paid off and worth approximately 170k. Light renovation of the kitchen and sho...