Sooo I have three houses that are all former primary residences that are now rentals. None of the homes were bought with the intention to rent them out, so the sale price and mortgages weren't optimized to be rentals....
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
Hello BP, my wife and I recently bought our first rental (a Duplex in Sacramento) We inherited tenants on both sides. They have both been long term renters at this property, and after inspections they both seem to tak...
Hello Everyone! I am just getting into contract in the next few days with a 47 unit multi-family property. The numbers are great, the occupancy is high and the property is well maintained! My questions is this....
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Hi All,I wanted to begin a discussion on prenuptial agreements when bringing assets into a new marriage. I know this is a controversial topic, however I thought that the BiggerPockets community was the best place to b...
When it comes to successful real estate investment, insight and foresight are essential components to a profitable portfolio. Insight brought me from LA to the Oregon Coast in 2018, partly fueled by a recognition that...
I'm a gun owner and I own "that" rifle and "those" magazines, but the Sandy Hook incident has changed my mind. It's not just guns, but guns are part of the picture and such needs to be addressed. I had teachers that h...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
How would you invest one million dollars if it was given to you free? Why would you invest that way?
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