we just completed our first flip. We had a licensed general contractor do the skilled work. We had the electrical panel updated by a licensed electrician. A permit was pulled, and the inspector passed the work, no ...
My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
Ok, so, I've been reading the books and blogs, searching Bigger Pockets, listening to the podcasts, doing my research and I'm more than fired up to finally launch my investing career by first learning and gaining s...
My tenant's 12 month lease ends July 31 and I was informed they wish to renew. However I just learned the tenant moved in their 21 year old son without my knowledge and the son has been living there the past two or th...
Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
Well BP, I'm a little worried. I've been mailing out to my probate list for about 3 weeks now, and have had 0 activity. Well, that's not entirely true...I've have 5 letters return to sender, and two phone calls tell...
Good morning! I am a new investor and after picking the Charlotte market and learning about the due diligence fee, I was wondering what other nuances there are for other markets that are specific to that market and no...