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Good afternoon, How is the Shawnee heights area of Kansas City, Kansas? I am hoping for like a B- investment area and was wondering what the community thinks about this area? Any help is appreciated!Scott
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Hello,I need your advice. I'm closing on a foreclosed auction property in 21216 zip code of Baltimore City in a few weeks that was listed initially on the auction site as occupied. However, I drove by the property twi...
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For a passive portfolio what amount of capital expense do you set aside? Do you do a set amount per unit or do you just do a general fund? If you do a bulk fund what is the set amount you use?
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If I make $10,000 in rent this year, but have $15,000 in expenses/deductions due to rehabbing, do I get some sort of tax credit for the $5000 that I’m upside down on? How does that work?
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I recently purchased a quad in which the one of the tenant has the nicest apartment, has been there for 9 years and takes care of the lawn and snow removal. I don’t have anything documenting this except him and the la...
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Hello,
I’m a young IU Kelley School of Business grad and recent pro member in the learning and saving-up-for-my-first-investment phase. I work as a commercial RE analyst & underwriter at Marcus & Millichap. I...
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Good Morning Bigger Pockets!I’m in a pinch. I spent the last 3 months getting a 3 flat under contract using an FHA 203k loan, as well as doing a lot of problem solving and going back and forth with the HUD consultant,...
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Hi BP nation,
I’m a bit stuck and hoping for some advice.
My fiancé and I just had our first offer accepted on a duplex in the south suburbs of Chicago last week.
The General inspector did his walk through on Th...
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All quick post as I’m traveling but a deal may have fallen in my lap 4plex. 162K purchase. 80K reno. Total rent 3-3500K per month. Wondering as it’s a 4plex is brrrr strategy a possibility? Any reason it wouldn’t if ...
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Our tenant just gave 17 days notice of move out, violating the lease requirement to give 30 days notice. CA law states that the security notice can be used for: Unpaid rent (including rent owed if the tenant does not...