So I am already in process of buying a property with owner financing (made offer Friday) and another deal has kind of fallen on my lap. Friend of mine has a townhouse, bought in 2008 for 170k, owes 146k (houses around...

My question is about depreciating capital expenses.I understand that I depreciate the building over 27.5 years.  I have also been told that capital expenses must be depreciated rather than claimed as expenses.  But ho...

I have thought several times over recent years how it would be nice to be able to pick up some property cheap, fix it up, and rent it out for a steady stream of income. I'm sure no one else has had this thought. ;) I ...

I am in the process of searching for my first brrrr investment. I found a duplex and after analyzing comps and having my realtor estimate rehab costs, it seems to be a good investment. I am using a hard money lender. ...

Hello,I'm another new face to the game. I'm currently trying to read as many RE books, listen to podcasts, read blog posts, going to local REIA meetings and become Real Estate Literate. At the same time, I'm relativel...

Hello, I am purchasing some apartment units with existing tenants and leases in place. When I acquire a new property, I have the seller give me a lease assignment agreement, assigning the leases legally over to me. Th...

Greetings all! My name is Lisa and I currently live in the West Loop area of Chicago and work as an interior designer. My boyfriend and I are in the stage of gathering information and formulating a plan to begin fli...

Hey guys Daniel here from Saskatoon, Canada,  this is my first post on bigger pockets. Looking for some negotiating tips.
I found a tired landlord selling a 4 bed 2 bath house. asking 225 and already gave us his bott...

I’m going to be walking through a potential property tomorrow morning, but what I do know upfront is that there is a need to install a new septic system which will run roughly between $30-$35,000. Has anyone had exper...

Only my 2nd deal analysis post--please be gentle. I have been searching owner finance deals for buy and hold to rent in a prime area of town. Please read terms below and poke every hole you can think of into it.
4Br, ...