Why is it that every person I speak to that is in the REI industry is very supportive and tells me now is a great time to invest, while everyone I know personally and isnt in the industry tells me now is a bad time an...
What are the opinions on renting out a home from out of state? My husband and I currently own our home in Missouri, but will be moving to Colorado in three months. We are very new to real estate investing and rentals,...
I am a fully commissioned 1099 insurance agent. I bought my first house 3 years ago for $269,500. I am now looking to put offers in on second home/airbnb rental properties that are right around this price. The most ex...
Hey guys! So I did my intro post about a week or so ago, I believe, and I had a great warm welcoming! Thanks guys. I can't wait to grow and learn from everyone!Right now I'm wracking my brain at my possibilities, w...
So...my tenant has faithfully paid the rent and utilities. The lease is up April 1st, and the tenant asked to extend until May 1st. I had no problem with this. Background is that this tenant has always asked to have...
Hi,
I got the document for analysis of four unit property which was built in 1900. The following shows the summary of the form 8835 (I believe equivalent of schedule E)
For 2008
Gross Rent 16500
Total expense 20400
...
My husband and are almost done with the first draft of our business plan. We are looking to get pre-approved for our first mortgage very soon. Since our first major REI goal is to purchase two properties this year (b...
Hi all!I'm looking to get some advice on my next real estate endeavor in Los Angeles.My current goal is to not only make a wise investment, but I'd also like to upgrade my current living situation (I currently live in...
I was the Broker representing the buyers side. Happy to walk my Biggerpockets friends through the before and after! 3 units + 3 story coach house (was 2 units we are converting into 1 luxury 4br 2ba). Bought for $730,...
I recently purchased a single family home as my primary residence with the intention of making some relatively minor updates/improvements, pulling out the forced equity to go towards another property, and then turning...