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So I found a property that has SERIOUS potential. The duplex is owned by an elderly couple, both of which were moved into a home and this is an estate sale. Asking price is $27,900 and assessed value is $19,800. The h...
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All,I recently purchase and rented 3 properties. in all 3 cases I tenant left after some time and I had to turn water in my name... when bill came was outrageous: $1000-$3000 each bill. Almost $6000 in total. In all 3...
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I was just doing taxes for 2018 and have noted something peculiar, most of my properties I self-manage. So I do pay monthly PITI and HOA fees. Then there are repairs, occasional utilities, and of course depreciation d...
I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
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Alright, I apologize if this becomes controversial, or offends anyone.As an investor and agent, I am seeing a lot of speculation in the market. It seems to me, that stock market speculators, are looking to unload thei...
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An upcoming episode of The BiggerPockets Podcast will feature BOTH @Amanda Han and @Brandon Hall answering YOUR questions about taxes - the new tax laws and how they affect regular people AND real estate investors.Wha...
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Here are some of my current systemsI have a main website for all the properties I manage. I set up a new website for each property with pictures and info on the property. These sites are referenced in each ad that I p...
I am just curious, what do you guys budget for a gut rehab on like a 1500 SqFt Single Family? I know it ranges, but I am interested in what the different costs are out there. When I mean gut, I mean, putting in new pi...
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This is in Missouri. One of my tenants stopped paying rent in October. He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit. His lease run...
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When I was a kid, I would look at the cars as they would drive down the road. All of the cool cars I would either think to myself or ever say aloud to myself, "That's my car." And when I was asked how much money I w...