Hello All, I'm a new member here at BP and I'm looking to turn my starter home into a rental to help parlay this into additional properties and my next home. I've had the house for 2 years now (hard to believe how fas...
Hi Everyone, I was under contract for a property but I didn't qualify for financing because the lender that provided the preapproval changed its financing source while I was looking for properties for a couple of week...
I started a half-million dollar complex renovation project for a rental property about a year ago with a 5 month deadline. Contractor was on the hook for a daily charge if not complete by 5 months, but the city dragge...
I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...
I have a great tenant that wants to install an above ground pool at the house he rents from me, located in NY. Says he will pay for all the expenses, etc. Just wondering what my liability would be, god forbid somethin...
Hello Everyone. I’m a 20 year old from the Chicago area and I’m just starting out. I’m currently reading “how to invest in real estate” by Brandon Turner. Do I absolutely need a mentor to become a successful investor ...
What are folks' thoughts / experiences about remotely managing a B-class (or higher) single fam or small multifam LTR in a mid-sized (or larger) city?(I specifically say B class or higher in a mid-sized or larger city...
Tenants who moved in with a 12-month lease in April sent an email today saying a parent is buying them a house, it happened quickly, and they will be moving out September 1, only 4 months into the lease. They've been...
I have recently bought one single family residence from a turnkey provider in Indianapolis and am looking to buy another one possibly in Memphis or elsewhere before the end of this year. I was hoping to hear from inve...
I am very new to the REI. I bout my first Multi family this in July this year. So currently I am remodeling my unit starting from garden unit for me to live in, as i'm house hacking.
I hired a contractor recommended ...