Account Closed
Inherited home - rent back to one of the heirs
My wife and brother-in-law recently inherited their parents house in IL. They are 50/50 beneficiaries of the Trust that the home transferred to upon their mother's passing.
BIL want's to move into the house, but do...
Johnny Mack
30 Day Notice to Vacate vs. Eviction
I have a m2m tenant who is current on rent but violates the lease and caused expensive damage to the property in Philadelphia, PA. I want to give their 30 day notice to vacate, but I'm unsure if a 30 day notice falls ...
Ben Anderson
Heating solutions in the PNW
Hello, I am finishing some a remodel on a 1911 home with an ADU in the Seattle area.The home was previously heated by two gas stoves with very little ducting. As part of converting the upstairs unit to a 2 bedroom, I ...
Peter Marriott
Problems with our Current Rental and Deciding Whether to Sell or Not
Hello! I am new to Bigger Pockets and am excited to learn more about real estate. I wanted to ask advice of some of you who have a lot of experience in long-term rentals. My wife and I purchased a home at the very beg...
Kam Mill
In process of first rental buy....HELP LOL
I recently won a bid on my first rental property.Asking was 37000Won bid on 34000Appraised for 55kSingle family 4 bed 1.5 bath 1200 sqIn subdivision of rental area.Located in Webb,al. 15 mins from Dothan, Al.House is...
Stephen Michle
Making 6 figures in real estate
Hi guys,
Came across this great article about how to make 6 figures in real estate. Take a look at the link and the pdf link. Tell me what you think, honestly I think this would be good not only for beginners...
Jaime Mack
So... it is going to be over? Will 1031 drop to $500k max? Yuk!
What is the general consensus here? Will we lose 1031 at the higher level? (over $500k)...https://therealdeal.com/2021/0...Realtors, etc. have some pretty fancy lobbyists... but I just don't know. The power of the t...
Christine Swaidan
Long term tenants
We have a 70 unit senior building that we have owned for the last 20 years. These are all low income and about 20 have section 8 assistance. Rents are low. I would have to say we have not done a great job managing the...
Scott C.
Making handyman pay for leak repair
This may be a stupid question but I wanted to get some feedback from the community. We are rehabbing our third rental property and I have a handyman doing most of the work. One of the things I needed him to do wa...
Paul S.
140k at 1,250 rent
There are many properties for sale in my region, but may not cash flow. Here is an example (remember that this is California)
$140k for 1,400 sq ft
3 bedroom, 2 bath
Rental rate = $1,250 a month
At 20% down, that w...