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I'm an experienced RE investor in AZ and have only invested in my region thus far. I've been approached by an asset manager I've used to get incredible 50% ARV deals for the past few years with a small Chicago pack...
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I keep thinking to myself the following statements: "Somebody else out there already scooped up all the great bargains."; "There's no more income to be generated."; "I won't be able to rent it out."; and "I'll default...
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Hi guys,I'm fairly new to bigger pockets and haven't seen a thread on Canadian tax benefits to investment property. I'm originally from the UK with a small portfolio and am now looking to relocate to the Nova Scotia a...
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I have some rental properties. I have two single family homes and a duplex. My duplex, on paper, is a great investment. A homerun even. The renters are good and pay on time (automatic withdrawals through Cozy). They d...
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Hi BP,Hopefully you can guide with the next steps, this is what I have going on. - I Own a home in south Florida (fort Myers) that is paid off. My mother lives in this house, and will for the rest of her life. The val...
I have an odd and complex situation I need help with. I have a home that has been in my families possession since 1920's maybe longer. It has no mortgage on it. The deed is in my grandfathers name. It states his fu...
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I have a tenant who has been an issue from the 2nd week he moved in. Many of the problems cannot be resolved due to my lease. I'm a new landlord and have learned a lot for the next time! However, in the meantime, m...
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I have a LLC with my wife and I listed as members under the Articles of Organization. Does the IRS consider this LLC as a sole Proprietorship? Also, since it's a pass through entity, I don't need to file a separate re...
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Wow so I’ve been having problems with one of my tenants whom have been paying the rent late the past 4 months and they’ve gotten worse, I’ve been having to charge them late fees. Now these are stellar tenants, until t...
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Hi everyone,I have a question for all of the agents here on BP. I have been investing for a couple of years and ended up acquiring my real estate license last year (I want to transition into real estate as my full tim...