Cecil Russell
This has to be a doozy of an idea: Is this even Legal?
2 properties for sale in the same neighborhood. 1 is 45,000 the other is 49,000. Tax assessment of both is 10,000 lower that the asking price. The offer made is: He, (the owner) will sell both for &5,000 cash and...
Stephanie Garcia
Duplex Deal
Hello All,I am considering this deal for $238,000. It is a duplex in a pretty nice area of Sacramento, CA. One unit has 3 bedroom and 2 baths. The other has 2 and 2 and it is rented for $850 which is kind of low. It c...
Ellie Ryan
2% rule, do people really use this?
I've been scratching my head at this 2% rule of thumb to determine the rent price of a property. I know it's more of a guideline than a rule, but I just don't understand how I could get away with charging $6,000 a mon...
Teri Feeney Styers
Can I partner with my S.D. Roth IRA to build on land I own?
So I am already partnering with my SDRIRA on a flip - so I know how it works when investing. And I'm sure on Monday my accountant and my custodian could answer this question. But there are so many of you out there who...
Zach Wright
House hacking for a first time home buyer
I'm 22 years old and graduated from college in May, 2019 - now looking forward to buying my first property within the next 6 mos.I have narrowed my criteria (location, property type: duplex, and budget). I am now sear...
Faisal Sami
$34k Duplex with $400/month positive cash-flow
Hey everyone
Here is a deal I closed on in January. I bought a duplex in Cleveland for $27k and put in $7k in fix up. I get $950 in total rent, $475 each side. I have a seller financed note for $19k and my monthly pa...
Rachel Brewster
Good Risk vs Stupid Risk: Buying Advice for Multifamily HouseHack
My goal is to buy a multifamily as a house hack by spring 2019, so I have been diving into Bigger Pockets and other resources to educate myself on cash flow analysis.Lately, I've been working on clarifying my ideal me...
Chris Da
Drug addict/Convicted Felon in unit...Hummm
Hello all, has been a long time...Anyway, need some advice about a situation I had tonight in PA.
About 4 months ago I agree to rent a unit to a girl who I was told, had an alcohol problem in the past, but has been c...
Joel Kadlec
Sell or Hold?
Hey guys,I just recently discovered biggerpocktes and I am very excited to start investing in real estate. I think I will want to be a buy and hold guy with an interest in multifamily properties. I bought my first pro...
Teresa Thomas
In state or out of state
Hello! My husband are debating buying our first property locally to be close to it (we live in Madison, WI) so looking to buy in a small town outside Madison because it’s so expensive here. Thought about Janesville, R...