Hey, everyone! I'm in the process of buying my second property, which would give me 5 apartments total. This would give me roughly $1000/month in cash flow between both properties. I want to keep about $10,000 in cash...

Just got a call from a tenant parent and the January electric heat bill was $1100.  In past years the highest it went was $800.   The heat is all electric baseboard with one room with under floor heating on slab and o...

Hi all - I'm closing on my first house hack soon, and had a question about splitting water. My plumber mentioned that a lot of landlords he's seen don't actually split the water since checking the meter monthly is a b...

“What do you think sets apart successful real estate investors from those who give up, fail, or never get started?” As many of you may recognize, this is one of the final questions asked on the BiggerPockets podcast b...

Hello, all!I am new to REI and have loved learning more about the process through Bigger Pockets. I do not yet have any properties, but am spending as much time a I can learning until I feel confident enough to purcha...

I'm preparing to send my first wave of direct mail in the next couple days (planning to buy the list on Saturday [600/700 or so] and yellow letters on Sunday) and I've sort of been ignoring the idea of doing direct ma...

Innovation for Smart Investors: Timely Tips and Strategy Blueprint for 2019 During Oliver Stone's 1987 Classic Film “Wall Street”, one very defining scene is with up-and-coming broke Bod Fox answering the phone as the...

I own a quad that doesn't fit my portfolio anymore so I'm trying to sell it. I have had it listed since July, with no offers. I've lowered the price twice, each time by $10,000. I reached out to someone today who sent...

I've been toying with the idea of buying a winter getaway home, one I could rent out Airbnb/VRBO April-November. I live in St. Paul, Minnesota where I have a great career, investment properties, and a small vacation-r...

Hi,

I bought 1920 house and gut renovated it. Is there any tax deductions for renovating old house?