I just read The Book on Tax Strategies for the Savvy Real Estate Investor. It is a great book. And based on something I read in there I asked myself “how can I use my 401k to invest in real estate?”Setup:Toward the en...
The question is in regards to balancing property management costs. I've noted, that generally apartment complexes require a property management company that takes between 5-8% of gross rents, and also hires payroll s...
We just found out that a tenant of ours just got a puppy as a supposed emotional support animal. They signed a lease stipulating that pets were not allowed. We are in CA and wondering the best way to address this. Tha...
I'm closing on my first duplex in less than a week. There have been long-time tenants in place and I would like to keep them as they take good care of the property (mowing and snow removal) but they will need to sign...
Hi everyone! I am new to this investor world and would like to be more actively involve in the bigger pockets community. I will apologize in advance if my terms or lingos are not correct. I have this problem and would...
Hi, I have purchased and absorbed several of the books and other resources offered by BiggerPockets, and combined with my personal preferences and abilities, have come to some conclusions. 1 - I am not interested in s...
Hi there! I've connected with a realtor in Ohio that often gets off market deals. There's a 21 unit off market deal available and the spreadsheet he sent to me has a lot of information with the cost, rental income, m...
I know everyone and their mom asks this...but really I am struggling. I have been researching, reading, talking to people, saving and generally kicking the REI can around for a good 9 months now. And I just cannot pul...
All right, after some networking I have found a "Bird-dog" who does inspection for vacant foreclosed homes owned by Banks (chase/Wells Fargo etc) , which are not in the market.
He is willing to give that list at a r...
Hello BP!I currently have two rental properties and both tenants pay their rent via ACH transfer into my bank account. It's pretty much a bank account to bank account transfer.Are there any downsides to electronicall...