Joey Rivera
First deal..need help
I was recently contacted by a motivated seller. Seller's mom passed away in 2013. The property was probated and he is currently the executive of estate. The property has no mortgage. There is a tax lien on the proper...
Priyanshu Adathakkar
Just Venting, No Skin Off My Back!
Acceptable CAP rate for multifamily properties in Ohio is as follow: Section 8 or any other subsidized housing is minimum 7.5%. For Market rate properties it is 8.5%. Student housing is minimum 6.5%. A good property t...
Jason Lee
How are people on instagram achieving financial freedom in 3 years or less via RE?
I feel like I see this everywhere where people on social media are boasting about achieving financial freedom in 2 or 3 years from real estate. Are they just leveraged to the max? I figure most people start out with a...
Costin I.
How is rental income taxed?
In my planning for retirement, I estimate my family annual expenses to be about 100K. I want to know how much do I need to clear in rental income to be able to cover that.
Obviously, the depreciation should make the ...
Mike Nelson
Wholesale deal with a twist!! Please help
Ok, so I got the address to a property while driving around a particular neighborhood. To make a long story short, the lady who inherited the house (husband died in 1998) from her husband is now in a nursing home with...
Marcus Johnson
Is it good time to invest in Assisted Living Facilities?
Hey BP,I'm here to get you guys opinion on if ALF's are a better investment than multi Family properties .. From my experience I'm starting to see better returns with these types of Investments .. Is there any ALF or ...
Mike McKinzie
HELOC
I am mulling over an idea and I would like to hear other's input. For those that don't know, my mother passed away in April and they had a small family trust. I just found out last week that they have an active HELO...
Mo Thomas
Full Time contractor
has anyone hired a full-time contractor on payroll to handle repairs on rental property?
Angela Hsieh
Sick tenant with no rent payment
Hi,My tenant didn't pay August and September rent plus water bill from Feb to now.She is a elderly and sick.At beginning of August, I was trying to contact her but her phone didn't accept any income call.I called cond...
Dylan Mehsling
Golden goose or impossible task: what to do with an inheritance.
Hello All, I am a total newbie to the real investing world. I’ve done some self education through Bigger Pockets, Meet Kevin, Dave Ramsey, and Rob Built. I’m also a masters nutrition student. Exciting but overwhelming...