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I've been a longtime lurker, but this is my first venture and post, really need help/advice.I've been under contract to purchase a 2 flat in the Jeff/Portage Park neighborhood of Chicago, it was a not approved short s...
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Hi BP community!I'm just starting out in REI. I'm looking for thoughts or feedback for me on what it means to be "socially responsible" when it comes to REI and property management. Anyone think I'm being naive? :)I p...
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Hello BP Community My partner and I are interested in purchasing a mobile home and RV park directly from a small owner who is located in a rural part of Central Florida. The park should make money but we just have di...
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Hello! Thanks so much for helping with this. Looking into getting my REA licence but cant seem to figure out what the fees will be annually if I only wanted to represent myself and have access to the MLS? Do I need to...
I've been renovating a duplex since June, 2011 (I know. It's almost done.) Had a tenant prior, but it's been vacant since then due to the remodeling. I know I can claim the 2011 deductions because I have rental inc...
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The IRS discusses vacation home maintenance days. They use examples where a family performs maintenance on a home for a week and the week is not considered personal use (it is additional to the 14 days of personal us...
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Hello,
I am interested in selling my two Airbnb properties and buying an apartment complex. After that I don't plan on doing any other transaction for a couple years unless it is to sell my primary residence for a b...
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I am looking to fully commit to improving my future through real estate. So far I have spent a ton of time listening to BiggerPockets podcasts (around 150 so far), listening to audiobooks, and passing my Washington R...
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Hi All-Pardon this long post: I had new tenants moving in yesterday morning at 9 am. They were coming from out of state so I had made assurances that the place would be ready. I made assurances because the depart...
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Hey guys I am a huge fan of BiggerPockets and this is my first post on the forum. My questions refer to starting out with rental properties. I understand that the market is significantly inflated right now making it h...