I recently purchased a property for which I will be utilizing as a short term rental year round. I am buying a substantial amount of furniture for the unit and I am wondering if all of these things (beds, sofas, TV, n...
So I just rented our home to a tenant. The tenant is asking if they can replace the old front door lock with a digital door lock? I told the tenant if they change the door lock, it must be a door lock that also has a ...
Hello. I’m trying to figure out if private money is used for land flipping and when I sell and have the private lenders original loan plus interest. How is that structured via taxes? Would I just write off the origina...
Hello, first time posting here.
I'm contemplating the sale of a rental property I own. I have a net equity (after commission + repair allowance) of $116k in the property. The home is worth 300k. I'm wondering if a 1...
My first rental property had an existing section 8 tenant when I bought it. I was naïve and attracted to the 'guaranteed' rent. I'd rate the tenant a 2/5, as she didn't completely destroy the property and paid rent ev...
So I just posted my first article for the BiggerPockets blog. After hitting what I'd call a Grand Slam flip that produced a net profit of over $800,000, and at the risk of sounding boastful or as a braggart, I was co...
OK. So we just could not afford our Laguna Hills, CA house anymore. The kids were gone, the electric bill was massive, the neighbors were awful...so we figured we'd rent it out and find something smaller/cheaper to re...
Hey guys,I’m about 3 months away from having to renew my renters lease. I know this is an odd time, so two questions. First what’s your thought on increasing your rent during this time (my tenant is in the medical fie...
Any calculator or rental calculations that you recommend for Duplex or SFH to analyze if they're worthy of buying for positive cash flow?For example, there's a 1950 duplex for sale (West Palm Beach, FL) for $500k with...
My friend, who is current owner, has about 260k balloon pmt in 4 month ahead. This is a seller financing. Property is a duplex in South Sacramento, fruitridge and power inn area, and mkt value between 310k-350k. Owner...