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If you're a newbie and you've watched far too many flip shows on TV, you should NOT do fix-n-flips unless you have the following "5 C's of a Flip" figured out:1. You need a COLLATERAL (the house you're going to rehab...
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Considering the average rental period of a tenant, the cost of periodic repairs, and the cost of turnover, what minimum rent do investors shoot for with single family houses in the Kansas City area (Missouri and Kansa...
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Is removing old wood paneling worth it? Is there a way to tell what is behind the paneling before doing too much work?
Thanks!
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Good afternoon everyone,
I have a question...
I have found what I believe to be a good investment property. The asking price is $229K. I have an accepted offer of $215K. The comps for this property show a house that...
Hey all,First post ever on the bigger pockets forum and I can't believe I have not found this place earlier. Here goes. I currently have successfully flipped two homes in the recent year also own / live in a duplex ...
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I am curious to know whether or not a landlord should require renters insurance for for their properties? What's your argument for why you do or don't? I am curious to see how many landlords require renter's insurance...
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Here is the hypothetical scenario. The exchanger owns a property that is worth $1.4m with a $300k mortgage. Upon sale of the property the exchanger walks away with $1m. The goal is to perform a reverse 1031 exchange. ...
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One major problem with owning rental real estate is liability. People can sue you for any reason — or none at all. If you hold title to your real estate personally you could lose everything. That’s why most real estat...
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Hi all, I'm new to this forum and the landlord gig. I've been at it since last
June and have had pretty good luck thus far. I'm 24 and have a lot to learn. I bought 5 properties in a 6 month span last year. 3 of...
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Hello! Right now my partner and I are house hacking a duplex that we hope to move out of and start renting in a year. The duplex is in a solid B neighborhood in Chattanooga, TN and we're hoping to get ~$1000-$1150 a m...