Hey BiggerPockets fam,Anyone who knows the Bay Area knows that home prices here are on the expensive side. I am currently employed at a great company working as a cashier making $17.25 but because I live(with my paren...
Im an over the road truck driver, and my company offers a "per diem" pay package. In this pay plan, a significant amount of my pay is paid as non taxed income. In the images below, ive included the documents they prov...
I was speaking to another Real Estate Investor who lost money on several rental properties in the 2009 economic downturn. I was curious to learn from him how he lost properties (or was forced to sell for a loss) if th...
I've got two vacancies coming up in the next two months and as of right now I don't have any formal written tenant screening criteria. My price range tends to attract a decent number of tenants with bad histories (cri...
Has anyone ever read these books (volume I and II)? In it, the guy talks about his strategy for buying and renting out over 300 single family homes.
For the first property, he started off with around $28,000 or so f...
I’m looking at purchasing a property in Minnesota and it may be possible to buy it subject to the existing mortgage. I have done a bit of searching about this on here and have not been able to find a consolidated thr...
I currently own and live in one side of a duplex I picked up just over a year ago. I am anxious to purchase another. I am strongly considering cashing out my 401K in order to be able to afford the 20% down payment tha...
We bought a duplex last January & inherited a tenant. It’s a duplex lot but has 2 houses on it. I’ve had nothing but trouble with this tenant. They pay their rent on time. When purchasing the property, there was n...
I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?
I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...