We were supposed to close on this 9 unit deal yesterday in Houston metro area. The property was supposed to be ours yesterday but due to the storm we could not get insurance binder before the storm hit and no one was ...
I've been weighing the pros and cons of rehabbing vs wholesaling for the past few months but would like to get some opinions from other people about what they have experienced. I'm a newbie to RE and would really lik...
I am looking at an opportunity to invest in my first MHP with an experienced investor. The park is out state and my partner owns two other parks in the state. We are considering doing a 50/50 partnership where he will...
What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.
Ok. Here we ...
Just sold an excellent duplex in St Louis that we were owner occupying and moved back to Nashville after 5 years away. Now the wife and I are hoping to do something similar here after our rental lease ends next July. ...
I'm under contract with a park that has mostly new tenants renting park-owned homes with the Option to buy in 10 year time span (10 moved in 2016 and 12 in 2017 which are on 1-year leases), 8 are long time tenants, 6 ...
I have finally decided that as an investor gaining direct access to the MLS is necessary for several reasons.With that said, I am strongly considering a CA Real Estate License.Given my hectic schedule, it only makes s...
Hello BP,I'm looking into buying an apartment complex from an elderly fellow. He has a "friend of the family" currently as the only "tenant" in his 6-unit apartment. He told me she has not paid rent in over 15 years, ...
Hi Friends,
Here's the sitch. I have a duplex in a prime location in San Diego. I run both units as an STR and make good cash flow (~$30k annually) but it is fairly labor intensive. I purchased the home for $720k w/ ...
Hello Bigger Pockets Community!
I’m new here and new to Real Estate in general, however I am very enthusiastic and determined to learn and invest wisely. Here’s a bit about myself and my goals:
Me:
- Early 30’s, si...