I hear people often say that real estate is treated more advantageously from a tax perspective than other businesses. I frequently hear people say something along the lines of "I get 15% rate of return, and that's no...
I own a 5 unit apartment building. It really is a very old house (I would guess built in the 1920's) that was converted into apartments sometime in the 80's. This property has a huge hassle factor and is a headache.T...
I'm a couple months into owning a rental property in NY. Bigger Pockets was a huge getting it nailed down! Now I've got my first post-purchase question.The home I purchased was a gut renovation flip. To make a long st...
I had sewer issues in one of my rentals and was told that the utility company responsibility for pipes starts ONLY at the sewer even if the pipes from your house go under the street. Of course the road commission gov...
Hey everybody! I had this idea today. As I'm progressing toward my goal of building enough passive income through buying and holding small multi-family properties in the Duluth, MN area to replace my income, I came to...
Subject To - How an Actual Deal Worked - Including the NumbersHere is how I did it: I was contacted by an investor who hadn’t done any deals successfully. She was a little afraid to make the jump on her own. She inves...
I am new to the real estate game and am not really sure if I am making the correct decision or not. I am attempting to buy a duplex for $30,000. I personally know the owner of the duplex (friend of my grandfather...
HI all, just getting started, looking for first deal. I found a MHP locally FSBO, it is 34 units over 7 acres, city water, with septic tanks which owner claims to empty yearly. asking $800k, brings in $91k/year, accor...
One of my units in a 6-plex in Tucson, AZ has clogged drains. The plumber tried to snake it out but he couldn’t. He tried to scope to see what’s going on but he couldn’t see. He thinks there is probably some leak or p...
Hello Friends! I'm looking for advice on how to structure a deal with a little bit of this magical "creative financing" I've been hearing about. I inquired about an ad in my local paper about a 3BR/1BA/2 Car Garage ho...