I have never purchased property before. I am trying to learn more about fees and expenses to expect when owning a property. I know of the obvious expenses like tax, insurance, property management, utilities, repairs...

Early on in my investment career I had to learn to view properties from a new perspective. Accustomed to viewing them from as a "homeowner", I would often be tempted to turn down potential rentals simply because "...

I have the following idea, that I'd like feedback on.

I am looking to do the following:

1.) Form an LLC with a partner

2.) Have the partner put down 20% of the purchase price

3.) I pay all c...

I got a quote with Nationwide who has my homeowners.

They are selling me a landlord insurance for $580.

This insurance covers the Dwelling for $135k, Extended coverage (not sure what that includes) a...

Hi All,

So here is the situation. I employ a 3rd party management company to manage my units. They make a percentage of collected rent, and also do most maintenance and repairs using their own crew, which I...

Hi all,

I'm new to the forum so I appreciate the kind welcome. I am currently in talks with an owner regarding a structured seller finance deal where the owner will agree to give me the rights to repair an...

So it looks like I might be moving ahead on my first piece of property and I have a question. What I've been told is that the seller can't move out until after closing because he essentially needs the money to move ou...

Here is some background.  I want to purchase a property, rehab it then do a cash out refi for 80%LTV which will easily pay off all debts and myself back.  When working my ROI Math how does one factor a cash out refi i...

Hi everyone,My mother had went through some credit issues a few years back and has been renting.  I am in the financial industry and have been guiding her to get her credit back in line but I know it will take some ti...

What's up bigger pockets, I wanted to post about my first duplex. After a long time of saving and reading and reading and listening to podcasts I finally saved enough money, got a good realtor and started looking for ...