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Hello, I purchased a triplex back in July and just signed a 6 month contract with the management company that was currently managing the property. Up until now they have been collecting the rent every month and transf...
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Hoping a CPA or another person can provide some insight and definitive answers when it comes to land contracts, and tax consequences when selling real estate on land contract. Also, if an asset is held for under a yea...
Hello everyone! I'm 21 years old and I want to start investing in real estate. The problem is I work a part time job and only make about $1,100 a month, which is nothing! It will take me forever to save for a down ...
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Hi everyone! This is my first post here :) thank you in advance for your patience! First a little background: My husband (who is a full time firefighter) and myself live in St. Petersburg, Fl. I have three small kids ...
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Looking for some advice here.A person I know (Becket, Swedesboro, NJ area) lost a job 1-2 years ago and was out of work a pretty long time. He finally got another job but it pays considerably less than his first. He...
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I read a lot of posts on BP recommending investing in notes with your retirement funds. I see double digit returns (10-15%) being quoted as common for note investments done correctly. But when I do some simple math...
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People say experience is the best teacher... well I've learned a hard lesson. I made the completely newbie mistake of paying up front, although it shouldn't have been upfront, the project got delayed so much it caught...
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Hello everyone.I'm new to real estate and the BiggerPockets community, yet I've done my homework and want to purchase a small multifamily and house hack it as my first investment. I live in Cambridge, Massachusetts an...
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I've been looking at investment properties, either retail or multifamily 5+.
Banks I've talked to saying 20-35% down payment in general for multi unit.
Someone told me 50% for retail commercial properties.
I said he's...
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I have run my first credit/background/eviction check on my first potential tenant for a new rental property (my first property had a familiar tenant in quickly, so didn't need the background check).She is divorced, 5 ...