Mike Dymski
Southeast Class C Assets
Below is a decent article on C class multifamily in the Southeast. It presents (1) the average rent to median income ratio and (2) rent growth for the past 5 years...for 22 Southeastern markets. Feel free to share y...
Stephen Stefanini
STR / Airbnb Tax advice
This is the first end of tax year for my STR business. I've done my own taxes for years, but this will be my first time with an LLC & small business.Any advice regarding taxes or accounting?
Tyler Steinke
Sell or Hold 1 year old Rental for 50k profit?
Hi Bigger Pockets Investors,My wife and I purchased a rental property in Bend, Oregon 1.5 years ago for $480k and put another 30k into rehabbing it. Our current tenants are moving out soon after 1.5 years. My question...
Jonathan Rexford
How to Pay Sellers for a Short Sale
Wanted to get a good thread of ideas on how to pay a seller some moving money that would not violate the lenders rules based on the approval letter. Remember it is the LENDER RULES.....NOT LAW on most cases unless it ...
Joe Heitz
First Investment - Low Risk Low Cash Flow - Need Advice
First Time Investment Property: Hey Bigger Pockets,I bought a 2 bed 1 bath 2nd floor Condo in the DeMun area of Clayton, MO (Just outside St. Louis City) paid $210,000 for it. Probably paid 5-10K above mkt value, but ...
Vanessa Deluca
FSBO Contract Question
Hi. I am just about ready to sell our house. I have been 'interviewing' a few real estate attorneys to get the contract going. My question is this: Is it prudent for both the buyer and seller to use the same RE at...
Patrick Brodeur
Found a 13 unit apartment complex
I am currently looking for something like a duplex in the delaware county chester county area of pennsylvania. Through my searching ive recently found a 13 unit apartment building that i think could be pretty profitab...
Steve Edwards
Are RE license fees necessary? Is MLS access worth all the fees?
I am interested in flipping homes, and am considering getting my rel estate license. However, a friend mentioned that the costs are quite high. She mentioned Error and Omissions fees, Broker fees and MLS listing fees....
Kelly Bettendorf
Looking for advice
Hi, my name is Kelly and i'm new to biggerpockes and investing in property.To start out let me say I have been reading the book on investing in real estate with no money down. it has really helped answer a lot of my b...
Richard Patrie
Land Contracts and Depreciation
Wondering if any CPAs out here can chime in.I'm in the midst of selling a few of my SF houses to my tenants on a land contract.For the past couple years I have been taking depreciation while they were rented.After the...