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I've been reading the forums and soaking up as much information as possible for the last 6-9 months. I finally decided to jump in and purchase my first turnkey property which closed about 2 weeks ago. Everything was s...
I purchased a condo in August, 2019, which was occupied by a tenant. After the Closing the leasing agreement got forwarded to me and I became the new landlord. Tenant struggled to pay rent on time but still paid rent ...
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Been some years since I posted here, and I did a search and didn't see a similar topic.
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I own a business that operates out of a warehouse in my home city. I've rented for almost 9 years now, starti...
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Good evening from the Midwest! I've come to ask for feedback while acknowledging that I'm early enough in my journey that I can't yet offer much in return other than gratitude and it's hard to pay the bills with grat...
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I am new to Bigger Pockets and this is my first post, so I apologize if these questions may seem very basic to some.
I own 7 single family homes and 2 duplexes which are all paid and have no outstanding loans. I hav...
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I am considering offering some owner financing on a property I am looking to sell. I currently have a first mortgage on the property so any note I create would be in 2nd position. I have two questions regarding this:1...
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I've Learned a ton about accounting lately, but I just can't seem to figure out depreciation.I bought a rental property for $25,000 in 2012. I was paying back $500/ month at 4% interest to a private investor. I sold t...
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I am in the middle of handwriting my first batch of letter (109). I can't imagine doing this for 250 or even 500 letters. My hand in cramping and this is really time consuming. Can someone please share with me some al...
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Hiya all. Well here's my situation.
I wanted to buy a second rental property after we moved to Hawaii for work and became bankable again. I was planning on using the HELOC money from our first rental as the downpaym...
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Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...