Justin Case
When to drop rent?
I have a unit available May 1st. I have shown it to twenty parties. I received two applications. First party would be a great tenant but did not make enough money, had very low combined income, past on them.
Second a...
Kevin D.
Schedule E
If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
N/A N/A
Is this an OK first deal?
I found a house in the Youngstown, OH area - one of the better parts of town for $9k. The home needs about $10k in work and the comps in the neighborhood range from $33,300 to $64,900.
If I pay cash for the home and ...
Rene M.
Fooled by a high asking price - Should I continue or let it be
Hello together,I am really new to the real estate game and even though I listened to hours of podcasts, watchedm many videos and webinars and read a lot of books in the last two month... I often have difficulty act to...
Mike Olson
First Duplex Under Contract, aaand There's A Problem!
Alrighty, I'm in a bit of a pickle folks. I went under contract for my first Duplex yesterday, with the intentions to house hack. We can get into the numbers further into the post if anyone's interested, but the reaso...
Dawn Anastasi
Long overdue success story - BP partnership
Okay, this is going to be quite a long overdue success story, as I should have posted it months ago, but I was recently reminded of wanting to do it when I re-read @Mehran Kamari's post about his success story fro...
Marlia Stone
Purchased Property, Now looking for Tenants
Hello BPs,I thought I should update everyone on my journey. I finally purchased my first investment property in Philadelphia. The costs wasn’t too bad during the process and it went pretty good for my second go around...
Jim Piety
Should I sell my breakeven rental?
I purchased a fixer upper through a wholesaler in March 2021. After more repairs and expenses than expected, i could not sell the house for a profit. The house would not appraise. So instead, I refinanced, pulled out ...
Jenna Y.
Help with strategy: Buy/hold MFH in high-priced regions for cash-flow
Hello BiggerPockets -
I’m new to real estate and am starting to model out numbers. I’m in brainstorming mode right and would appreciate any input.
:: GOALS ::
In five years time, replace my salaried income with ...
Jorge Quintero
How to start investing with no previous experience?
Hello, BP!
I am currently saving up for my first property and my goal is to have my first rental property in Houston, TX by the end of 2018! I am starting to become a lot more familiar with REI but one thing I’m conf...