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Results (10000)
Mehran K. $55k Duplex Deal Analysis
10 April 2013 | 21 replies

Hi all,

The last analysis I posted turned out not to be that hot of a deal. This one seems a lot better. Any help would be appreciated!
Here goes:

Duplex

Purchase Price $55,000
Rents: $1,075 ($550 and $525) Each a...

Jenni G. Fees, I understand but does this seem excessive to anyone else?
11 November 2019 | 26 replies

The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...

Mindy Jensen HOA trying to limit interior decor. Can they do this?
9 July 2019 | 33 replies

In one of my groups, a condo owner has received a notice from the HOA board:"Unit owners shall be responsible for painting their limited common elements (earlier defined to include interior walls, wallpaper, and floor...

Lindsey Torres Discouraged...
20 June 2011 | 19 replies

I have been calling on ads on craig's list. The only motivated sellers that I have been able to find have run down old trailers. Definitely not "Lonnie Deals". Lonnie says that he finds homes that are no older than 20...

Josh Bryan Considering becoming an agent/broker
9 February 2011 | 11 replies

I have been in the cell phone business for 6+ years and I am considering a career change. I am thinking about becoming a RE agent then getting my brokers license. I think I would enjoy this industry a lot more. I h...

Kevin Zou Does depreciating house on tax return lower borrowing power?
6 July 2020 | 13 replies

Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...

Jordan Baker B/C class neighborhood renovations for rental property
18 May 2022 | 13 replies

Hey Bigger Pockets Family, 
I have a duplex in a B/C neighborhood in Jacksonville FL. I bought the property as a primary using my FHA loan and have been doing some updates to my side but have a tennant moving out soo...

Ken P. I bought my wife a brand new car for Christmas for only $10,000
8 February 2019 | 17 replies

In December I bought my wife a new car for Christmas. The price of an average new car in 2014 was a bit over $30,000, but I bought it for only $10,000, and it’s newer than new. It’s a mid-size vehicle, and although ...

Sam Khoshnavaz 24 Years Old And Eager to get Started in REI!
17 October 2019 | 7 replies

Hello BP Community!First and Foremost, I want to thank each and every one of you for all that you guys do within this community. I can't think of a better way to distract myself from homework than to be reading on all...

Mike Watson How do you stop scarcity and fear?
14 September 2017 | 10 replies

Sorry about the long post.  I think it is pretty cool though.  I had an amazing portfolio going for almost 17 years and got hurt very deeply in the world-wide crash a few years back. It took a deep toll on me.  I went...