Tim Bradley
A car literally drove through my rental house - a happy ending
This story is almost too crazy to believe but its all 100% true. This was my wife and my 1st investment property. Technically when she moved in with me we started renting her townhouse she owned out but the property...
Chris Nare
First Rental Closed
On Friday, we began our REI journey. We closed on our first property that our agent found off-market. It is a 2 BR, 2.5 BA, one car garage condo in Fairfield, OH. We got it below market and need to spend about $15K to...
James Wierzba
How to legalize a partnership?
Hi,
I have been partners with my brother for the last 5 years on real estate investing. We own 8 units. Our partnership is a little complex:
- We both split the down payments 50/50
- We both own 50% of each prope...
Wade Garrett
Would Appreciate Some Advice
I just purchased my first fourplex and have a tenant who I foresee being an issue. She is currently on a month to month, as her previous lease with the old owner expired. The old lease says the rent was $900. Her secu...
Dominique Stevens
Wholesaling not allowed in California?
Good Morning!
I am a newbie investor and new to the Bigger Pockets community. What a wonderful site!
I have a real estate license and have been in real estate finance for several years, helping others t...
Steve Hungerford
Can I defer capitol gains and keep low property 19 (CA) Tax ?
I am the POA for my dad. His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base. Can I keep property 19 tax base on a 1031 exchange ? ( I have heard no)
Could I do the 1031 exchange...
Winter Heintz
Tenant went to jail, wife is moving out
I’ve had my tenants for the past 3 months and they’ve been great. Paid rent on time, communicated and are clean and quiet neighbors. Recently, the husband went to jail for a problem the wife is leaving him for. This p...
Hector Espinosa
Seller Financing Advantages and Disadvantages
Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing te...
Mitchell Gunlock
Land with ADUs
What do you all think about buying undeveloped land and setting up ADUs to rent out? I'd only look at land that's at least connected to water and power and already has a septic plan in place.
Juan Carlos Castillo
Student Loans: Paid Ahead
Looking to get my first loan as an FHA, and the first question they ask is what my monthly payment towards debts are. If I have paid ahead on my student loans and technically do not need to make a payment for another ...