My wife and I purchased our first investment property on March 1st, 2017. It is an ambiguous sized apartment building (2 or 3 units) with tenants in place that needs a ton of work. Here are some of the numbers:Purch...
Deadbeat tenant who lived with his mother. The mother passed due to Covid and that was the last rent that I saw for that unit. He did apply for the California Covid rental relief and I did get money to bring him up to...
Hello BiggerPockets,
I am wondering if the same principles applied to finding off-market single family residential deals would apply to those in search of finding off-market multifamily (triplex & up) deals. The ...
Hello all...my friends, haters, new people,...everyone:)I often get comments on other threads about how I "hate" etc....so here I am...posting in the unlicensed broker forum! Here's what I tell new people about invest...
When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
I'm trying to find out how to tell if a realtor is good. There are so many of them out there. How do I find a good one? Are there questions to ask in an interview or something?
A tenant gave me notice and I confirmed it and posted a letter on the door as well as sent certified letter. She has broken the front door and basically messed up the unit. She is to be out at the end of April. Now...
Hi this is Swanny,Please realize that single family, duplexes, triplexes and quads are valued based on Comparative Values or commonly known as Comps. You are at the mercy of comps when you buy, sell, or refinance the...
Here is my list of the most dangerous real estate related investments for the “non professional” investor lacking direct knowledge and experience in these investments 1. Tax liens2. Mortgage notes3. Syndicated real e...
my tenant completely trashed my place, deposit will not even cover the junk removal service I called my insurance (USAA) the adjuster showed up and was very helpful : turns out Trashing the place is not covered BUT (b...