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Hi fellow BPers! My neighbor here in NC has the opportunity to buy a 10k home in Toledo, OH. It is currently rented for $495/month and the same tenant has been there for a year. He knows the area is rough, and he want...
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Hi everyone. I have a home that I purchased in 2010 for 25k. I'm just now renovating it and it will be finished in a month. If I sell it in 2013, will it qualify for short or long term capital gains? I've owned th...
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Hey all - I've been thinking about real estate investments for several months now and learning a lot from this forum. I'm interested in finding a SFH property to cash-flow. I'm too nervous to buy an out-of-state prope...
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Greetings Bigger Pockets Fam,I currently own a single family rental property (turn-key), fully managed by a property manager in San Antonio, Texas. I will be moving overseas in December, and I am looking for ways to ...
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We are supposed to be closing on on a property Nov. 22. The seller told us everyone was paid up and no one was behind. We did another walk though inspection with the current manager, and she informed us that one tenan...
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Hello!I am beginner in real estate investing and am looking to invest anywhere between 15-20k. My goal is to get into flipping but I have a few concerns which I am not sure how to approach. Is hard money a good option...
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My wife and I were told that we must issue 1099s for any work that is done by independent contractors over $600 or we may be fined by the IRS (~$100-$600). We so often find a big push back when you request to do this...
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Hi everyone! I am new to this site. I have watched several videos and read articles about using a HELOC to pay down your mortgage. These resources also mention that it only works if you use your HELOC like a Checking ...
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Hello All,I'm looking for some advice on local landlord clubs/associations. I recently acquired 2 multi tenant properties in South Eastern Ontario, and I am looking for some good resources for things like credit chec...
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Hello all! I'm a newbie to this world, but want to get my feet wet and get an investment property from a turnkey investing property management company. I've been talking to one in the Memphis area, and essentially I w...