Lol no this is not a riddle. I actually had an applicant that was going through the screening process with the HOA of my community request to withdraw the lease agreement. The applicant did not want to wait any long...
My husband and I put a contract on a home. During our home inspection, we found there was moisture in the basement and potentially mold based on our inspector's radar. He also noted the patch work around the foundatio...
Hello BP! I have a situation I'm not sure how to handle. I have a couple renting my sfh. Last fall they were falling being in rent an having to pay late fees. But since December they have been paying on time. I f...
Hey there, My name is Logan and I am new to Bigger Pockets. My first question for the BP community is about taking more advanced Rich Dad Education ( now called "Legacy Education") courses. I went to the free semina...
So here is a quick update on the property that I purchased with a bad tenant. This happened today so it is fresh in my mind. I called him yesterday to confirm the meeting and the amount of rent that was due. So I driv...
I read a recent article by one of the very best Economist in the Real Estate Business that anticipated growth of 4 to 5 percent occurred in the second quarter. GDP will exceed 3% for the first time since 2005 and unem...
First Flip in the US – Florida - Success Hello colleague’s investors,I’m writing to describe our first flip in the US. We purchase the property on Nov/16 and sold on May/17. The numbers were: Purchase: 65,000 Reha...
My wife and I have owned an Airbnb since early March and are doing pretty well so far. We are in a small Midwest college town (MAC school) of about 60k people. We pay about $1700 for mortgage, insurance, utilities ec...
Hi everyone,
I'm looking for a layman's explanation of how a 1031 exchange works. I did some searching in threads and many of the explanations are pretty complicated. Can someone post a simple step by step guide to t...
For my first purchase, I will be house hacking in a multifamily property. The examples below just happen to be in PA where I have never lived. The questions apply to any property no matter the State. When I return to ...