John Friendas
$280,000 house that rents for $2,500 Worth Buying?
There's a house I'm considering buying with a business partner as an investment rental. It would rent for what I assume $2,500 with one renter or $3,100 if I did rent by the room. It is an old house but has been compl...
Desiree Rejeili
What To Save for When Buying a Home
Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be. By understanding the costs you may encounter upfront, you can take control of the process.
Here are just a few things e...
Janesly Lafortune
Help Analyzing a deal
Hello, BP family! I am new to posting on this forum however I've had the opportunity to read a lot of useful advice on here. I figured I give it a try for some sound advice.
I am looking at my first deal, naturally,...
Rich Hupper
Possible Sub 2 Deal? Can someone advise?
HelloI found a homeowner who bought a 2 family back in 2003 for 225,000. Due to poor management on their end they have defaulted on two mortgages.I believe both of the mortgage debts combined equal roughly 215,000. AR...
Nick Aalerud
Owner Financing Deal - Just Because ?
Hi folks!A colleague of mine brought me an interesting question. He's gotten a couple sellers to agree to finance him their rentals (details below). I have my own opinion, but I told him I'd put out on BP and see w...
Christopher Erwin
How My Burst Pipes May Turn Into a 40+% CoC Return!
Re-Post from my BP Blog --> My recent tenant mishap led to burst pipes and thousands of $$ in plumbing, carpet, paint & cleaning. Worth it? 100% IMO...read on for why! All feedback is welcomed and encouraged.--...
David Duong
Deal analysis: SFH - Please Help
Hi everyone,
I would truly appreciate it if someone could analyze my numbers to see if this property is a winner. I’m considering making my first offer; this is my first Single Family property analysis. My RE str...
Andrew Call
Two buy and hold opportunities
Hello, This is my first post here on biggerpockets. I live on Maui, Hawaii, and am loooking to start REI, I have been studying and looking up deals for a while now.2 opportunities have presented themselves.In short, o...
Larry Spradling
Tax question from a newbie
2018 was my first year of owning properties. I bought two turnkey properties and received a 1099 for the rental income they generated. I entered this info into Turbo Tax. I was expecting some tax benefits. Am I mi...
Chris Webb
5th rental property purchase but 1st rehab!
We already own 4 rental properties but decided to dip our toes into a rehab project. In my area, it is hard to find good flip properties (Raleigh, NC). Besides, I'm a big fan on buy and hold (at least for a 5-7 year...