I'm going on tuesday to check out a 5 bedroom rental property that is a short sale and listed at 85k. However, the description says the house is valued at 185k. How could this be? How could a house be listed at 100...

Hello everyone,

I was wondering what most of you real estate investors would consider the "ideal" number of properties to be able to quit your job and live comfortably without having the NEED to pick up another prope...

I've read a ton of investment numbers here, but I need to do this for clarity.

I need to know what % the mortgage should take of the incoming rents. Should I include tax in the mortgage when calculating this?

This e...

Hi,
Just starting out as a landlord (with a single property), and wondering what the best way to set up finances is. I currently operate out of my personal bank account, but was told it's a good option to set up a se...

Please lend me your thoughts on this 14 Unit I am working on.

They are all 1 bedroom units. Separate Furnaces in each unit. Well Water

Let me know if you have other questions.

Thanks in advance
...

I'm a new investor... so new that I have never purchased a property and still rent myself, so apologies if I require a bit of over explaining. Any help would be appreciated in evaluating the following situation. I liv...

Howdy all, long time lurker, first time poster!I just ran across a MHP deal i think id like to make an offer on.  Park is in southern Illinois.1M - Asking price 10,000/ month income from Tenant owned homes8500/month i...

Hi All,Not sure if it’s better to 1031 during a red hot economy like it is now or if it’s better to wait til things cool off. I understand I’ll get paid more for what I sell and sell it quicker, but I have a higher li...

I have been a member of Biggerpockets for a while and absorbing as much knowledge through the forums and experienced members. I currently have 2 rentals and a high priced primary.

I am currently trying to increase m...

Hello BP,

Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...