OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield...
This morning the CDC extended the eviction moratorium through June 30, 2021. The first stipulation states the tenant is making best efforts to secure assistance. Given the $50B that congress has allocated to rent assi...
What do you do when you purchase a house, rent it out and then the market crashes and the house is no longer worth paying such a high rent rate to potential renters comaparing them to other houses but you are still s...
Hi All,I had posted about a year ago about tenants brought in by a new property manager. It seemed to take them a long time to rent the property and I had a bad feeling about these tenants from the start. This was bec...
Hello BP Forum... My partner and I have a potential deal and it's not straightforward... we've never done a lease option, but we're not about to let a little complexity discourage us from this deal.
What will discour...
What are you thankful for Biggerpockets this year?For me I am thankful to BP because...1. I sold 3 houses to 2 BP members this year 2. I acquired a wholesale deal from a BP member netting me $28K profit3. I added 200 ...
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
so my rental has been sitting on the market for a month and a half now. I've gotten a few showings but only one really interested prospective tenant who actually showed. everything on their app and credit report look ...
What is the most effective and efficient way to find a deal?I have tried a number of ways including getting a list on Fivrr, cold calling, driving for dollars, Redfin searching etc. but no deals thus far. I am wonderi...
Curious to know which numbers real estate investors look at when considering properties. Do the numbers vary depending on the property type (ex. single-family homes, apartment complex, etc.).Thanks :)