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Sorry for the length. I've been silently following, listening to and reading Bigger Pockets material for 2+ years but don't believe I have posted anything. I've been looking for a duplex for quite some time. I was pre...
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Hello everyone!I am looking for some help trying to wrap my head around the complexities (to me, anyway) of a partial 1031 with boot being pulled out. Here is the situation...Currently close to closing on the sale of...
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Hey there!I’ve been using QuickBooks Online for my property management and I’ve come to realize it’s the wrong tool for the job. So I am looking for new software and wanted to ask for your thoughts.There are a few th...
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The last 2 homes I have bought and put up for rent on Zillow/Trulia have had overwhelming response, like 10-20 showings scheduled on the first day, and then over half of them applying. I feel like my market resear...
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I'm currently evaluating two mobile home parks for purchase. I love the 1% Rule (Monthly Rent / Property Purchase Price) for SFH and MFH, and am wondering if there are any thoughts on how this applies to a mobile home...
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Hello, I am a rookie and I'm looking into creating an LLC to purchase out of state properties. I'm considering a name and I read somewhere a while back that your LLC should be your property address? I'm curious if I m...
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Hi all-
I'm in the process of closing on a property that will require some major repairs. I was lucky to get it at a pretty solid price (60% of ARV) and will spend in the range of $30-40K on repairs. Current plan is ...
Im new to real estate and I’m hoping to purchase my first property soon, but trying to get my ducks in a row first. My question is this:If you purchase a property within an LLC with a conventional loan, and I personal...
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Hi BP’s I’m sure some landlords are going through the same thing I’m experiencing. Tenant didn’t pay a cent towards April rent amount and has been behind since January. These charges include late fees and plumbing exp...
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Hi all - found an off-market deal and wanted your help in determining an appropriate offer. The property is a 4plex and comps are hard to come by in this area, so would like to understand the typical Cap Rate in the ...