Bigger Pockets is feeding my obsession on Real Estate and I love it. That is the first thing you should know about me, my fixation. I will stop working for others and achieve financial freedom thru buy and hold invest...
Two Family Property, 2BR/1BA each unitPurchase Price: $175,000Gross Rent: $1,800/month (might be able to get more, but let's play it safe)Monthly Expenses:Mortgage (includes taxes, insurance): $1,213PM(10%): $180 (pai...
Hello all, I'm Darieal and I've been a member for a while and have not taken full advantage of BP, However, part of my goals for the new year is to change that. Slow - sure that I'm beginning to become more confide...
I've picked up a property "sub2" using a Land Trust. Ex-owner moved property into Land Trust and then assigned beneficial interest to me.After doing a bunch of reading and talking to local veterans, the way I did the...
I have been investing in rental properties for many years in the Knoxville area. I am now a grumpy old landlady who can't seem to keep up with this ever growing pool of undesirable tenants who know too much! I'm looki...
I have never had this issue in the past, but I want to hear opinions.I buy my houses cash from my own bank. I use my account as POF when I submit offers.The issue I have is a house I want to make a solid (over asking ...
Hey there BP community,I am very exited that I have recently gotten access to a list of properties (here in CT) that are in the pre-foreclosure stage (i.e they have recently received a notice of default.) Now, althou...
I found a great off market deal on a duplex. The owner lives in one side and rents the other side. After viewing the property and some discussion with the owner about their plans, I gave them a letter of intent and we...
I received a letter yesterday that said this:This letter is to inform you our client is interested in purchasing your property at [redacted]. We recently represented a cash buyer who purchased a home in your subdivisi...
I know a few investors that have never filed 1099s with contractors. They claim to either play dumb (thought it was a C-corp) or just never file. One guy has never filed in over 10 years and never a peep from the IRS....