I ordered a book lately on RE investing from Amazon, and the guru started out with the typical hype, selling the sizzle and not the steak. You know, the whole, imagine yourself living the dream, not having to work,...
I live in the Seattle area, where I have a couple of SFH rental properties which I bought a few years back, now they all have significant appreciation due to the red hot Seattle market, now I'm trying to figure out th...
Hello everyone!
*TLDR at bottom*
IntroMy name is Damien and I’m excited to have recently joined the BiggerPockets Community! I’ve just recently been introduced to real estate investing and Bigger pockets by a frien...
I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
I read this article and at the end, the writer said it is better to rent to an illegal immigrant than not to. I have my thoughts but I was wondering what are your thoughts? I'm in the conservative state of Texas but l...
…and so the fun begins. :-/I just had a formal inspection done today on what’s supposed to be my first rehab, a Fannie Mae REO.Lo & behold, the inspector found evidence of a buried oil tank underneath the deck (th...
Hi! Does anyone have any tips on how to go about making extra payments to mortgage principal? I'm a contractor right now so my salary is constantly changing, but as soon as I get paid, I'd like to make some small extr...
Our primary home is paid off after 2 years of pouring every penny we could into it. The market value is about $300k. We bought it as fixer upper for $188k, renovated and now plan to lease it out. We (my husband and i)...
Hi folks,I have a sticky situation at one of my condo rentals in Raleigh, NC. It is a 4 BR unit where I pay the utilities. The renters are all students at the nearby State U. The electricity cost is paid by me due ...