Kalp Mehta
Buying a Property with Negative Cashflow
Hello BPShould I buy a property that generates negative monthly cashflow including vacancy reserves, management reserves, CapEx, and property management fee? When I remove vacancy reserves, management reserves, CapEx,...
Timothy Doenges
Any love for West Virginia?
Hello all, I’m an aspiring investor coming up in central WV, and also just passed my exams for my WV real estate license. I’ve been trolling the BP forums for a while now, but see almost nothing on BiggerPockets about...
Matthew Paul
Who answers their phone on christmas ?
If a tenant calls on Christmas eve or Christmas do you answer the phone ?
David Avila
Debt free investors
I am looking to get advice from any one that started in the rental business debt free. I am saving up to buy property with cash and no partners or investors. My questions are: Was there a benefit to going debt free?Ho...
Nick E.
Closing early January 2016. Tax consequences
Hello,I will be closing on my first rental property on January 5th. The house needs numerous small "repairs" that we are planning on completing in the first few days of owning it. Most of these items are small like ...
William Kuslaka
Self Managed IRA transactions
Hello. Looking for insight, readings, websites and general resources to learn about self managed IRAs. Process, legal and tax best practices, do’s and dont’s, funding, etc. I am only 9 years from retirement and see...
Jay Helms
Being sued...
How do you protect yourself from something like this: http://www.weartv.com/news/features/top-stories/st...The article states the jury found the apartment complex at fault "for not providing proper security the night...
Ibrahim Hughes
Does Anyone Rehab Historic Homes?
Hi All. Has anyone restored or renovated a historic home or one in a historic district? I landed a great deal on one and the bones are pretty solid. It was built at some point in the 40’s and everything is in really g...
Ryan Taylor
Seller refuses to give up the mineral rights??
Hello! So my wife and I are buy and hold investors in Shreveport, LA. We just recently put offers in on 2 different houses within the last 2 weeks. On both offers, the sellers countered saying that they would accept t...
Sunny P.
Help on this condo deal:
Okay, I know most of you are fairly negative on Condos, however, I want to ask you about this potential deal. Condo is in Columbus, high rents around $1500Selling price/ final price is $160,000 HOA per month is $149....