So here's a little background on my situation. Just wanted to get some input from you guys on how one should handle this particular situation. I purchased my first rental property, a bank owned townhouse approx. 1 yea...
Would you hire a Property Management company that charge a fee for vacant units. Is this common practice or should this be negotiated?
Hey y'all ;) I wanted to share my first success story here that relates to turnkey investments. I had a lot of trouble finding positive posts about turnkey investment and thought I will share this here.
For some bac...
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
I've performed searches on this topic and cannot find anything definitive regarding my inquiry, so posting my own.
What will be the depreciation recapture tax rate I have to pay when liquidating a rental - flat 25% o...
Hello everyone. I'm brand new to Bigger Pockets but not so brand new to the real estate game. To give a brief background, I've flipped 2 properties and am now looking to venture into rentals. I know of FHA loans and t...
Hey Team, My wife and I are teachers/trainers and novices when it comes to real estate. We own two properties (1 rental and 1 primary residence) in one of the hottest real estate markets in the Bay, San Jose. Wanting ...
Hello All!Brand new REI here and I am looking to acquire my first house hack. Everything about the property fits my criteria, and I am optimistic that my offer will be accepted! During an initial showing, I noticed th...
Hey BP Community,I am looking to purchase a few properties in the 60-80K dollar range. After taking Brandon's 90 day challenge I kicked it into gear and set up my LLC and I'm ready to put down 20-25% on these properti...
Is there ONE person out there who has only purchased properties for around $30k, rents them for $700 or less a month and has been successful long term and can prove it with the numbers?