Hello All, I am curious about real estate investing and where to start. For context I am 23M and I would like to know what is the best way to go about it. I have been doing research and many people said family homes ...
Newbie here, was wanting some insight on what to use as a % for maintenance when running a rental report using the Bigger Pockets Rental Property Calculator. I've learned typically you use 5% as a general rule, howeve...
Hi All, I'm trying to understand what the tax implications are for selling an owner/seller financed note.
Here is an example of my situation: I acquired a 1 acre parcel for $15K. I spent another $5K in clean up, mow...
Hi. Acquired another STR in FL! Has a 50-gal electric hot H2O heater in attic of a detached condo. Pretty normal for this area, but seems crazy to me to have 50 gals of water stored overhead. We manage remotely. Is th...
Hi everyone,I'm considering purchasing a property "subject to" in California. The property has equity, and the rents are in line to pay PITI and still cash flow nicely. It needs some repair, and I have the money lin...
I'm under contract for a house in a great area, but I'm worried about the potential for an underground oil tank. Seller inherited the house and they say they are not aware of any oil tanks underground. While I did ord...
Hello, I’ve recently moved to Austin, Texas and looking to possibly purchase SFH. I was wondering what neighborhoods are considered to be “next” few to appreciate. I think Leander, Tx and Georgetown, Tx still have roo...
Can anyone help me with a 1031 exchange in Illinois? This will be my first go at it. What fees should I expect? What lessons have you learned that I should be aware of?>Closing Date On Sale: 10/27/2023> Sale ...
Looking to the future with the goal in mind for managing my rentals vs working a W2 job with benefits what are you doing for healthcare insurance? My current state job has great insurance for our small family of 3 but...
Hello Bigger Pockets community! I'm in the process of exploring a strategy that involves taking equity out of my current home to purchase a new one, while also turning the old home into a rental property. To maximize ...