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I found a lady looking to sell her house, which is paid for. The Catch? She is currently in a nursing home and I'm informed if I buy it, the nursing home gets all the profits and she gets a measly 30 dollars a month s...
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So I am excited and a little nervous. I just purchased a new property from Fannie Mae off of Homepath. I purchased the house for $9,200 and after closing am in for around $9,800. I plan on flipping this property an...
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Hey everyone -First post here as I'm just getting my feet wet, but I'm looking to buy my first rental property within the next 6-9 months and was curious what you would recommend for a first time investor. I'm waitin...
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Okay Bigger Pockets Folks
The time has come for me to make some decisions:
My situation: I live in Sf Bay Area in California. I own two Single Family Home Rentals currently. One in California and one in Texas Both...
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The mortgage is still due. Why?
1 - Investors should have saved 'reserves' in place - so if they are already worried about rent payments coming in April, just a few weeks into this, they have decided not run their v...
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Hello All,I'm an investor from out of state and I'm looking into purchasing a property in Vegas to rent out to my cousin who lives there now and then maybe in 5 - 10 yrs use it as a vacation/retirement home for myself...
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We are getting ready to list our property for sale in Grand Junction, Colorado and owner financing seems like a foreign idea to our realtor. Are there investors successfully owner financing in any area of Colorado? O...
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So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
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Hey BiggerPockets, this is my first post here so bear with me. I've been educating myself on real estate for the past few months reading and listening to podcasts, and have decided that my biggest goal for 2021 is to ...
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Greetings Ladies and Gentlemen,I have been waiting to drop this post to this warm community for a while, and it seems that now is the right time. I realize this is fairly long, so thanks for your reading.I have been n...