An older friend (close to 70) owns a rental that makes a small positive cash flow.
There is an existing mortgage of about $15K which he could pay, but has been saving that $15K (and more) for down payment when he fin...
Hello, my name is David and I am new to the forum. I have a couple questions in regards to becoming a Real Estate Investor. I currently have a full time job and never have time with my family. Hence the reasoning behi...
Hey guys I am looking to invest remotely into out of state properties and was curious how to develop a trusting relationship with a "Turn Key Provider"?
Has anyone done this before? Any advice?
Thanks!
Nathan
I have my first rei property under contract and we are scheduled to close this Thursday. The price agreed was $47,000 plus the seller putting $2,000 towards closing. Today the title company sent the seller and me the ...
What are everyone's thoughts on whether to charge an application fee for rental houses? Do you collect a bunch of applications and only run the background and credit check on your top candidate with you paying the bi...
Hello Bigger Pockets Folks. My very first time writing in a forum, so please bear with me. I am leasing out a condo to a lady. She is a single mom, employed full time and has a busy schedule. The lease started in May ...
I am a financial planner. Took all the CFP courses and passed the test. Very (VERY) little of the course material focused on real estate as an investment. Stocks, bonds, and insurance products were covered in detail (...
The short version, with direct questions: I've started analyzing vacation STRs in different areas of Washington state. My efforts are primarily focused in areas near the Hood Canal. I'm really struggling to come up wi...
Hey guys!
I received 4 bids to replace the roof, and I am really confused. Some contractors say there's MORE than 1 layer, some say there's only 1 layer of older roof.
First, Is it necessary to remove the exist...
So I have two deals closing this year that are going to net me approximately $50k. I'm trying to figure out a way to avoid paying too much tax.The first property is an empty lot that I got for free when I purchased a ...