My Favorite Rent Collection Method (Shocker—It’s Not Electronic)In today’s world, many daily tasks and money transfers are done electronically. It has been a benefit to productivity across many spaces. However, when m...
I recently acquired a property that has been neglected for years. I'm doing a light rehab and going to rent it out. The property is on a hill and has some drainage issues, so it's kind of hard to mow. Because of that,...
Hello BiggerPockets Community,
I hope this message finds everyone well and thriving in their real estate endeavors. I've been an active member of this community, soaking up knowledge, sharing my experiences, and ne...
Hello all,Need some advice - there is a buyer under contract who can only do an FHA loan and the condo unit for sale FHA status has expired. The management company is not responding to any calls, emails from either bu...
I could be wrong because the US tax code is very confusing, but how much do certain expenses like property tax, or property management fees matter if you can write them off? Im not sure if there is some sort of cap, b...
Does anyone have any suggestions on a clear definition or maybe even a list of what could be considered a capital addition? Are these things set or does it vary?
I currently own my personal home and two rentals, and I’m also currently looking for my first BRRRR deal. I used my own cash for down payments so far, and bought properties that didn’t really need much work, but now ...
I realize the answer to my question is "it really depends". Is the park new, is it old, does the park own the mobile homes or just the lots, etc. In this situation the park owns the majority of the homes (90%), 50% ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $310,000
Cash invested: $28,950
Sale price: $416,000
Contributors:
Peter Vekselman
Partner Driv...
Hello! We close on our first investment home on the 14th (YAY!) We are planning on doing the BRRRR method. Most of our repairs are cosmetic (paint, new carpet, new windows, light fixtures, bathroom and kitchen updates...