I still have not pulled the trigger on my first real estate investment. I recently had lunch with a buddy who is a Realtor and owns a few properties he rents. We were talking shop, I mentioned I would 100% need a Pro...
I once owned a 20-acre mixed-use property in Illinois. It included 25 mobile homes, 60 self-storage units, and four commercial tenants. When the time came to sell, I anticipated a solid profit from the deal. But durin...
Hi, I own an unimproved lot and capitalize HOA fees and property taxes every year to increase the property basis by amending my taxes and adding something like the following “magic” text as required by the IRS:
“For ...
Hey every one I'm new here currently living in Washington I am originally from Nebraska and am currently in the military, I'm trying to advance my self in the upcoming years by starting with real waste and my interest...
I have a tenant who has not been seen for 2 weeks. She has not paid her portion of the rent (on section 8). Does not answer her phone and has dropped off the face of the earth.I placed a Quit or Pay notice und...
Hi BP Forums,
I live in a highly competitive and high cost of living area in the north east (Boston area) and I own my own condo which I hope to rent out in the future. The plan was to move into a house hacking situ...
For those of you who have student housing in single family homes, do you typically require tenants maintain the lawn? In my market I know of at least two examples where the tenants are required to mow the lawn, but I ...
So I have a deal that starting to fall apart.. probably not going to pull the trigger on this one but can some of you guys run the number to see if it would make sense..
Asking 153,000
Got him down to 148,500
Now h...
Should pursue this property? Please help me evaluate this deal..
3x1
Tallahassee, FL
Seller asking $82k (that’s the mortgage amount)
ARV around $90k
Repairs $3k or less
Area rents out around $850
Seller also of...
Hey everyone!I've been doing my fair share or research lurking around BiggerPockets.com and the resources available which are a blessing I may say are great. So far I've watched my first Webinar "How to Make $1,000,00...