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Most people overlook mobile home parks as an investment vehicle due to negative perceptions about the kinds of people that might live there or what they represent (poor, dirty, untrustworthy, etc). If you look at the...
Hello community. I recently purchased a renovated townhome to hold and rent. I negotiated $17.5k off the asking price of $147,500 in hopes to get an appraisal value in that range to be able to finance with little to n...
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I bought an ugly house. I want to make it beautiful. I am looking for suggestions from the BP community.The house has wood siding with vertical lines (T1-11) that is a bad color. In addition, the house lacks balance. ...
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Hello everyone, I looked around on the site and wasn't able to find an answer to my question. Apologies if its been answered before.Does STR or MTR arbitrage qualify a person for Real Estate Professional Status (REPS)...
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Hi,
I would like to know under what circumstances does one file for 8825 vx. Schedule E.
Also I just got a schedule E from a seller. However in the tax line of the form there is no entry. The profit is being shown w...
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Hi All:As I begin my journey and explore some of the different ways to raise capital for an initial deal, I have run into an interesting question that I would like some advice on from folks that I know are more experi...
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I think that the obvious answer here is to House Hack, but hear me out and please tell me what you would recommend!I have house hacked 2 single family homes in Colorado Springs, moved out with both rentals cash-flowin...
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Hello! I found many people like to debate or go dab out real estate in different ways. SFH seem to be the ones that allow for a fluid transaction, seem to be easier to sell, etc. MFH seem to help multiply units quickl...
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Hi Everyone,I'm green, young (26), and full of dreams. My wife and I just got back form a year of world travel. Time to get back to the grind. I discovered BiggerPockets while we were on the move and found I am drawn ...
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This is for a $500,000 VA loan with an interest rate of 2.3% and MLS list price $600,000.It's an up down 2/1 duplex, each unit 850 sq ft, in a desirable location. However, the condition of the upper unit is disgusting...