My properties are short-term vacation rentals. To get a property ready for guests, I spend a significant amount of money (10-15k) in linens, mattresses, small appliances, rugs, decor, soap, coffee, etc. Also minor rep...

I just got approval for a short sale that I'm trying to buy in Temecula CA. The total purchase is only $150K but the escrow company wants both the seller (bank) and me to pay about $1000 each. The bank had only approv...

I am looking for Multifamily all over Greater Boston for rentals, will probably also do section 8 to maximize rental income. I noticed Dorchester's price per bedroom is the best in the greater Boston area, with plenty...

Hello Bigger Pockets Community!I am excited to say that after a several years of studying, saving, and sitting on the sidelines (talking about real estate) I've actually done something and put my first deal under cont...

I know this might be an odd thing to ask, but would it be abnormal to try and get a deal when paying off a mortgage? I figure it IS normal to submit low offers going into the deal, why not on the other end (the diffe...

I live in a multifamily home where I rent out the second floor to a tenant. The unit has its own washer/dryer and the utilities are on a shared meter for the whole house. The tenant lives by himself but has his kids o...

I am buying a 10 unit apartment building for $550k. Each unit rents for $650/month and taxes are $15k/year. I am getting a Mortgage Rate of 4.25% and it’s 5 year fixed, 10 year balloon, 25 year amortization - 30% cash...

How do I characterize/report the proceeds from a "flip"  in that I never actually owned?Last year I loaned my best friend money to get out from under her house. I loaned her money up front to move out and get settled ...

Hi All,I have submitted an offer on a 2 family property that would be a house hack for me.There are existing tenants in one of the units.They pay cash and don’t have a lease (so I am told and have no reason to believe...

Hello everyone! I'm hoping someone here can give me some insight as to why the top living level of this house became very hot since putting on a new roof barely a week ago.

First, here's the hous...