What is the due diligence on buying a Turn Key Rental Property with a tenant living in the property? I ran the numbers on the BP rental calculator and the numbers look promising. I’m just skeptical as to why owner wan...
Hey all, I have a property I currently live in with a couple roommates so I don't pay my mortgage at all. I was thinking of possibly renting my house out to them and purchasing a 4 unit property. Can I call it my prim...
I have recently stumbled upon a property, which seem to be abandon and has gone through fire damage. Now i have done the due diligence of trying to track down the homeowner which in the title search seem as if they mi...
Curious to hear how other people work with their properties. Do you think it's your responsibility as a landlord to provide items such as a washer & dryer? Or is it up to the tenants within the unit?
Hello BP community, I currently live in Los Angeles, but I would love to purchase my first rental property. I have heard about out of state REI, and I wanted to know how does one get started. As well as if there are a...
I understand that it's important to hold investment property within an entity such as an LLC. So if I'm just starting out, should my first step be to find a lawyer, form an LLC, then have the LLC buy the property?
Or...
Hello All-I have the opportunity to purchase a 3-property portfolio all with a major chain store and triple-net leases. The main leases expire in 10 years -- and then there is a 3 year rent holiday -- and then there ...
Hello - I'm new to Bigger Pockets, excited to get my real estate investment journey going.I own a Condo in Chicago with a friend of mine (split 50/50), which I've lived in for about 5 years. I'll be moving out, and tu...
Hi,I have 50K extra to invest, and I have already diversified my other investments to many different areas using: Vanguard 3-fund index fund portfolio ( vtsax, vtiax, vwitx (60/30/10) ), M1Finance 3-fund ETF portfolio...
Full disclosure: I am a licensed real estate broker in Ohio. I am also an investor. I have done lots of research on the practice of wholesaling. I must say in my opinion this practice (in most forms) is at a minimum s...