Joe Gee
Buyer went behind my back
I had a contract with the seller. Put it out there and found a willing buyer that I've never worked with. We signed an assignment contract and I gave him a copy of the contract. I always feel funny about giving a n...
Becca F.
Investing in California - pros and cons
I'm a new investor (2019) with 2 properties (1 SFH solely owned and 1 apartment building, co-owned with family) in the Bay Area. I've also been investing in the Indianapolis area, more for cash flow and tax benefits (...
Tasha Beal
Newbie Wondering Where I Should Invest?
I am currently a senior in college and am giving thought about where I want to live once I graduate in May. I want to invest in buy & hold properties with good cash flow. I have heard Austin is a great place to li...
John Thedford
I Loaned Money On A Property, Borrower Defaulted, Then Passed Away
The title pretty much says it all. I hired a law firm to foreclose. I received a letter in the mail yesterday from the attorney handling the estate. Now what? What should I do if I want the property? Any comments, sug...
Heeyeon Chung
Seller refusing to provide financials
Happy New Year, BP Community! I am currently under contract for a 14-unit MFH property. I was told that the seller is old (in her 70s) and both the seller's broker and her attorney are having a hard time getting thing...
Bob C.
Am I doing something wrong or are these not motivated sellers?
Sooo... I've started doing mailings and the phone is ringing. I've got some (somewhat) motivated sellers. What I'm finding is that when I ask them what they think their house is worth or what they are looking to get -...
Gary Montgomery
Tax on investment property: North Carolina vs South Carolina
I know taxes can be very complicated, but could someone please give me the heads up on why it's financially better to invest over the border in North Carolina, than here in South Carolina?Thank you.
Nicholas Bolcon
Starting Out and Question on Work Without a Permit
Hello Bigger Pockets community, My name is Nick, I am from Rhode Island, and I am trying to get my foot in the door of the rental property business. I have been browsing the forums for a while now but just got around...
Chaim Rosenstadt
Tax on turnkey Cash Flow
Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now ...
Tevin Russell
Developing lists to cold call
Hello, I've been looking into wholesaling for a few months now and I've finally started to transition from the analysis paralysis phase to actually taking action (or trying to). I've decided to look up properties in a...