Hello all! I’ve just recently joined BiggerPockets and am introducing myself to the real estate world, I’ve been doing a lot of research, reading, and listening to podcasts to get a good grasp on the realm. I do have ...
I've just closed on a two flat with an illegal basement that's already fully-furnished. The previous owner used it as an occasional crash pad. I don't need to monetize the basement to make this deal work, but based ...
Six months went by and I still didn't buy my first rehab project. I'm looking to purchase in the Orlando area in Florida. There are homes for 30-60K I see online and the resale could be 85K on the lower end in some...
Hi all, I bought a home at my first duty station, and turned it into a rental when I PCS'ed. This was before I learned how to properly analyze a deal. When I bought it, I bought an inventory home in an area in San Ant...
Hello fellow real estate lovers. I'm stuck at a cross road in a sense. I have a property in Jacksonville, North Carolina that I've renovated. It's been on the market for sale and had an offer that fell through. Now it...
I am in the process of buying my first duplex, so I can rent out both units and I just found out that it is zoned a single family. RSA-1. Closing is suppose to be the end of the month. the house is listed as a multi ...
Hi all!! First time investor and just purchased my first multi family in Canton. I still cant grasp the costs of homes over here, as I reside in Southern California. Finding an investment property over to rent out has...
Hello BP!My partner and I closed on a duplex at the end of April. We knew we were inheriting a tenant when we purchased it. We won't be able to start work on the property until he is out because he has the only baseme...
Hi,Had a quick question to confirm I am understanding how passive activity losses and depreciation (and depreciation recapture works). Please see below hypothetical example. Assuming I bought the below property and so...
Hello, I'm James. I'm new to Bigger Pockets, and trying to network with some people in the Nashville area. I'm interested meeting people in the business that can help me with advice. I am a sponge looking to learn and...