To preface, i wholeheartedly believe in having cash reserves for surprises. I'm just looking for opinions. That said... I'm sure there is some debate around this (like everything else), but i recently met with a loc...
Hey everyone, looking to purchase my first property, I'd like to make real estate my full time career, and I'd like to start now. I'm currently working full time, and have a 10k line of credit along with 12k non liqui...
My friends and I owned a small multi (12 units) in Tucson, AZ and have had the home warranty that came with the purchase since last year (Nov). One of the units recently had AC issues and the home warranty company sen...
Two years ago I purchase my biggest mistake. It's a 1950's ranch home that blew my rehab budget out of the water. Lots of lessons learned here.I'm a buy-and-hold landlord, and I'm still ironing out the kinks with th...
I'm new to BP and am considering doing a 1031 exchange on one of my 2 SFH in order to get a multi-family property (likely a duplex/triplex/quadplex). I currently am an out of state landlord and feel that I have manage...
Hello Biggerpockets.
It has been quite a while since I've been on here but I decided to come back because I'm in a unique position and I want to hear what others would do if they were in my position. I am a real esta...
My tenants bought a washer an dryer an asked me to help them install the washer drain an dryer vent. I went over this morning it took maybe 2 hours including a trip up to handyman. It cost me about $12 bucks in materi...
I found out this week that the previous landlord was paying for one of the tenants electricity, maybe unintentionally because the electric meters are mixed up. The previous landlord use to live in that particular unit...
In terms of cash flow and security for someone approaching retirement age, is it really a good idea to get into a leveraged multi family deal using requiring a lot of time, effort and complexity?
Wouldn't simply ...
I'm a completely new buyer and this is my first project, I'm either going to own this house or not. The deciding factor is if it is smart, safe, and profitable to own a house that's in a completely different location ...