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Hello fellow investors,
I have an opportunity to purchase a large, 100+ unit mobile home park. The 28 acres it sits on is highly valuable land, the park is dilapidated, and the owners are behind on taxes. The...
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Hi BP,My husband and I have been thinking about selling one of our rentals, but we are a little conflicted and would love your input.I think we should sell, this property was an "accidental" rental (our first home, th...
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Hello all you experienced BPers!Myself and a business partner are hoping to start an LLC (If you all think we need to, that is) so that we can spread the risk and accomplish more in our real estate investing adventure...
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To preface, i wholeheartedly believe in having cash reserves for surprises. I'm just looking for opinions. That said... I'm sure there is some debate around this (like everything else), but i recently met with a loc...
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Hi, My understanding is that a rental property loss carry over can be used to offset future passive income. Can this be carried over to increase the losses of a future year? I believe if AGI is $100,000 or less,...
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Hello all, I am new to the bigger pocket forums but have been a listener of the podcasts for some time now. I recently purchased my first rental property which is a triplex in the Granite City Illinois area, a small s...
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Hello all...new to the board, and hoping for some help.
My wife, two sons and I all live in a townhome in Maryland. We are starting to burst at the seams and would like to move to more property. My sister-in-law ow...
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I have a park with roughly 70 empty POH that are in fairly rough shape. They will take about 5k-7k minimum each to get fixed up to rent or sell. My question is does anyone have experience renovating these homes vs p...
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I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...
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We are under contract for an out of state turnkey rental. Trying to gather insurance quotes.What advice could you offer?What should I be looking for? What should I add/leave out?What deductible would be best?Should I ...