My wife and I closed on our first duplex today. I say finally because our offer was accepted about 6 weeks ago and closing ended up being pushed back an entire week due to an estate being dismantled and causing all th...
I received a call today from the executor of a will of a landlord I was friendly with. He put I had first dibs to buy his buildings and we're meeting next week. The buildings are 100% paid off and have been kept up ...
I'm curious how others would handle this situation.Two renters with multiple children were arrested for abusing a child. The child died a few days later and they are both facing murder charges and will never come back...
Hello all, I am currently under contract on a 4bd/2bth property that will become a long-term section 8 rental. However, one of the additional bedrooms has a working bathroom vanity with sink installed; worse yet, it i...
Closed on another duplex in the Des Moines, Iowa area (Ankeny, 8 miles north). This duplex had some recent upgrades to flooring, painting, hot water heater, appliances, etc.
Due to the upgrades, the seller sold this...
I have a rental i just put on the market 5/2/1 2000 sq ft. It's the first time I am encountering applicants with very low credit scores, several children, and no bank accounts. 2 divorced women, 6 kids, no alimony, ve...
We currently have an STR that we purchased in 2020 for $419K, which cashflows 70K in revenue. We have just taken out a line of credit on our primary residence and have 300K to invest. We have several options:1. Spend...
Hi all:I have a unit rented to some college students (in Ogden, Utah). So far they have been good tenants. One of them is a friend of the others as was planning to move out of town and was initially only a temporary t...
"My friend" bought a house in disrepair that was a hoarder house, had a fire in the basement, and had a 19 teenager left living in it with his misfit friends. No drugs were made in the home, but lots of needles where...
Hello BiggerPockets, Id like to hear some thoughts/feedback on this idea..... while I have not obviously vetted this "idea" out just yet...its intriguing to me.I sell my primary residence and use the equity ($100K p...