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Im in the middle of this on right now. First off the tenant was 2 months behind on rent and I was starting eviction when I went past and they had moved out in the middle of the night. When I went in the carpet were to...
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I asked this on our BiggerPockets Facebook page and have been getting some troubling responses. I thought it important to take it home to the forums to get all of your feedback. So . . .
How many real estate "guru"...
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Purchased property in august 2018 as an owner occupant with a HUD NHHFA loan. the property is a 3 unit. I inherited a scum bag tenant that lived in the property for 17 years who destroyed the apartment with all his am...
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To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage. It's a mo...
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I tend to do a lot more reading on this forum then posting. But from what I see I think the rental rates are quite a bit lower in our area then other places in this country. I live about 10 miles outside the outskirts...
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Hello everyone at BP,Very excited to see the amount of knowledge sharing happening at BP. Hoping to venture into REI through this medium.I am from bayarea California. Looking for rental properties with cash flow (not ...
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Can someone check my rehab estimate on this duplex?https://youtu.be/7eoE9oaDEzMThis is a 2Br/1bd per side duplex, 1848 sqft.The interior of one unit is very bad, but the other unit is fine. Each unit is 924 sqft.From ...
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As a newbie RE investor I was wondering whether or not to manage my own potential properties. Can anyone give me a quick rundown of how to choose whether or not to do so? I see that doing so certainly makes the return...
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I am buying a house and am converting my condo into a rental. I don't want to move my condo (and mortgage) into an LLC because I will only have the one investment property at this point and don't want to run into comp...
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Introduction
This complex topic has been discussed on many BP threads, with persistent misunderstandings and misrepresentations. Many investors fail to grasp the fundamental principle of taxation: you cannot, based o...