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Hi all,I'm planning to buy my first long term rental, a single family resident in the next 3-6 months. I'm in the Bay Area houses here are very expensive for me to start with. I have relatives in Houston, TX and did t...
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Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
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To the BiggerPockets community,What have been your best passive investments? By passive I mean less than 1 hour of your time in total a month on the investment. What was the initial cost? How much time did it initia...
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I’m consistently asked if I am a “private” landlord, or whether or not I own the property. While I never volunteer the information, I don’t lie when asked. Why is it important to tenants to know if I own the place or ...
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Maybe I'm just going through a little grumpy fit and being melodramatic, but are any other Oregon landlords, particularly Portland area so far, getting to their breaking point yet of how far you can be pushed by polit...
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My current accountant has apparently not been taking depreciation on my rental properties every year. I am a rank novice in this area. Just wondering whether there could be any strategic benefit to not taking the dep...
to make a long story short, i had tenants move out the week before i bought the building and they lived in filth..even my contractors didn't want to go in there, it smelt so bad..there were roaches everywhere. i had ...
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When you're showing your property or interviewing a prospective tenant, do you purposefully wear a certain type of clothing?I've only worn what I had on that day, so sometimes I was working on the property when they c...
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My wife and I sort of stumbled into the world of REI recently. We are both in our late 50s and are looking to get involved with investing as a means of continuing our income after we retire and building wealth. We a...
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Hi Folks, I live in Tucson and have 2 rental properties I own and manage. A friend of mine owns 5 rentals in town and he lives in Payson--about a 3 hour drive so I look over his properties.
Originally the plan was tha...