First time poster... long time lurkerI am from Indiana and have slowly started purchasing single family rentals over the past few years. Have had great luck finding very affordable properties and tenants so far.... ...
Newbie here is trying to get started. Wasted the last a few years because my husband keeps saying the big crash is coming and refuses to even do some researches. I guess he's now tired of me nagging all the time. He a...
Hi my name is Josh and I wanted to ask property owners, what’s the hardest part of being a property owner?
-Paying all the taxes, maintenance and insurance
-Finding a renter
-Worrying and wondering each month if th...
Hello,I’m currently exploring options with my agent and lender for purchasing a duplex as an owner-occupant. What makes this situation interesting is that I cannot reasonably move into the residence within 60 days, un...
Hello everyoneI am purchasing a multifamily property in a couple weeks and I am wondering - how much depreciation expense can I take in the first year (2015 tax year)? Since I am closing in late November, will I onl...
Hello BP fam. Its been 3 yrs since my last post. I have never given up on investing in RE and now am taking action. I currently have a bank owned property under contract the details are as follows:Purchase: 113kRehab:...
"I review over 1,000 potential deals every year."I was recently at a conference and one of the presenters ($100 Mil+ Net Worth Real Estate Investor) grabbed my attention with this statement. His point was simple, if y...
I have 2 duplexes on one parcel of real estate in Missouri. Each building has 2 units so a total of 4 living units. I have purchased these and fixed them out of savings and would now like to long term cash out finance...
My current tenants are moving out 6/27/15, their words, "to allow me time to get ready for the new tenant" (nice of them) which is scheduled to move in 7/1/15. They've been very good tenants and I don't suspect I will...
A question for the BP Community.
I listed an income property for sale. 3 days later received full price offer, with loan commitment letter. Completed inspections, appraisal, minor repairs, expedited vacating tena...