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We are moving from Long Beach, CA to Chandler, AZ. We are trying to decide what to do with our current house. I asked a friend and he posed an interesting question. Imagine you had $350k (which is the cash our equi...
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I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
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I'm hoping someone can help provide some clarity to me regarding the right of redemption law in Alabama.Say a property is foreclosed and sold back to the bank on the courthouse steps. The bank turns around and sells ...
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What do you want to achieve in 2021 and how will you go about doing it?
I have kept rent very low on one of my units because it needed work. I'm getting work done now and would like to bring it closer to market. I'd love feedback on the following:Tenant has been great for 15 years. His ...
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Three years ago, my husband and I did a 1031 tax exchange for a rental property. The property is still a rental property and will continue to be, at least for the forseeable future, but I would like to put the propert...
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[b]I have made an offer on a property through a wholesaler. Is there any reason that we can't just close through the title company with the current owner and have the wholesaler paid from the owners proceeds. I would ...
Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....
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I would like to get opinions to help me determine my best financial options.I am 59 and last year was forced into retirement and also got divorced. My settlement was a single family home I purchased for $295,000 in t...
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Hello BiggerPockets community!
I’m a 21-year-old college student majoring in physics and economics, I am the president of the Commercial Real Estate Club at my University, and am preparing to enter the investment b...