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While purchasing a REO property if my inspection shows a lot of issues can I negotiate price with the bank. Also if I am in a situation where the inspection reveals multiple issues that requires major expenses to put ...
I stalk these forums a good amount and would first like to thank everyone who continues to give great advice! I bought my first home a couple of years ago and using the knowledge on here put it on the market recently...
Hello, I'd first like to thank everyone for their support again, thank you! I'm looking for a little more guidance in my purchase just to make sure I'm on the right track. I have a 4 plex under contract for $140k ri...
We have a chance to purchase a 10 car garage unit. The elderly owner is asking $100K. Garages have new roofs and doors. No utilities, and a small yard to mow. 9 are rented for $100 a month, 1 is empty.
Seller paid $...
I know someone who has 65 properties and has offered to sell me any of them at the tax assessed value. For this particular county, the values usually run 10-15% lower than the market value on average, but there is a l...
If you do the BRRRR method, most of the rehabbing is considered capital improvements that would have to be depreciated instead of deducted. Is there any way around this?
Hello Bigger Pockets Community,The advice I have read and received from this community has been instrumental in building my real estate portfolio. I wanted to run a scenario past those in the community to see what ge...
Asking: $29,900. 3 bed 1 bath. Currently rented out for $750, tenants willing to stay. Home was built in 1943, so it will need repairs. Having a bit of trouble finding comps in the area (small town). Located directly ...
I just wanted to say that I am VERY excited my wife and I have officially started our rental property empire! I've been following (more like stalking) BP for close to a year now soaking up information but this is my f...