Hey BP friends,In the next week, we are closing on our first little rental house. Its a 2/1, 1024 sq ft. Clearly it was a flip because we had to negotiate some really big repairs to make the deal work. Anyhoo, all ...
I thought it would be cool to see what tactics people use to stay motivated and engaged in real estate.I like to write my goals (short, long, middle-long term) in a journal at night before bed, than I wake up and read...
I just had a potential tenant request a shorter term lease which would then become month to month and in exchange he was willing to pay higher rent than I’m asking. This was a red flag to me so I wanted to get some fe...
Hi, a question for you experienced investors, I am focusing my efforts to become a deal analyst. What I need to know is:(1) Would you consider someone to analyze deals for you? (2) What would you need in order for it ...
So question - If you were getting a new credit card(s), which one(s) and why? Not interested in miles so much. Some points would be ok if they were significant enough. Just to use and pay off monthly. A friend of min...
So looking at form 4562 on last years tax return, what might be the value on line 17 for somebody with 1 rental property. I purchased a rental home in 2012 for 120k, line 17 on my tax return says $116...I'm not so su...
I will be self-managing my own property starting in the new year. I've seen articles for documentation to retain as a landlord, but I want to ensure I provide my tenants will all needed documentation as well. My hop...
Hi everyone, this is my first posting on BiggerPockets. I am meeting with my tenants (they just moved into the property in January) on Monday, for our first quarterly walkthrough of my property. I want to write up a l...
Hi everyone,I’m considering a turnkey real estate investment and wondering what are the real month to month cash flowing numbers you get from companies such as Morris Invest, Norada Investment, JWB, etc..Thank you.
I'm currently looking at buying my second property via seller financing:It's a single family home recently built in 2013, 3 bedroom/2 full baths, no rehab work needed. I'm looking to buy at $60,000 with $5,000 down an...