I acquired 4 new units in the beginning of the year, and lined up renovation work to start in July. The contractor I am using is the person I have worked for over 4 years and in general trustworthy, and willing to exp...

Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...

I rented out my beautiful home to a (kinda) friend. I only accepted a half months deposit and rented it for $1700 ($100-150 under market value). I just wanted someone to take care of it. Over the past year, the value ...

My wife and I have excellent credit, no loans, and a high income. We've never done real estate investing before, but are considering out-of-state turnkey properties (we're from the Seattle area, particularly bad for c...

Realized I originally posted this in the wrong forum. Duplicating here.After about a year of studying, reading books, and lurking the biggerpockets forums, I'm about to put an offer in on my first investment property....

I'm looking at a house that needs a lot of work, it's older and has a slab floor. I haven't seen the inside yet but I already know it's a mess and the old plumbing will probably have to be replaced. How does one deal ...

I made all of the rookie mistakes and now I must learn and hopefully recover from them.  I purchased my first rental property in May 2021 sight unseen through an online auction.  There were 60 properties for sale and ...

Hi all, My tenants were a couple when they signed the lease. Now they are not. The bf is planning on staying, and would like the gf off the lease. I have no problem with this (although they have not been the greatest ...

Hello,My name is Andy and I’m here because I found BiggerPockets to be an invaluable resource to learn about real estate investing. Though I am starting out, I am hungry and I am interested in learning as much as I ca...

Hi everyone!  SO excited to be able to share this you!  I decided last year to start investing for financial freedom.  I like to jump in so after a few months of research, I just went under contract for a 6 unit mobil...