Michael Ilizaliturri
When is it time to buy?
I have been sitting on the sidelines for a few months now, and have never purchased a rental property. I have been waiting for a pull back, or for the markets to cool off. It seems to me at least, that price drops hav...
Aidan McGee
Introduction to BiggerPockets!
Hello BiggerPockets!
My name is Aidan McGee, and I am from the Madison Area of Wisconsin. I currently attend Madison Area Technical College, and work full time on the horticulture team at Epic! I have recently got in...
Account Closed
Who is responsible for mold remediation?
I bought a manufactured home about a year ago to replace an old dump on a leased lot... Due to permit issues if you can believe that it’s been a year. I found mold in the unit and the unit is not in my name until it’s...
Swati Patel
Can I take partial depreciation?
Hi all! I had a question when I started doing taxes for my rental property for the year 2019. The unit was rented for the entire year. So here's the scenario.Total income from rental = $10,000Expense (including repair...
Brian Geiger
Multifamily Markets During Covid
Is now a good time to invest in Multifamily? I read that Multifamily is doing well during these unprecedented times. What is lending like nowadays? Is Fannie and Freddie dominating the market?Thanks for answering
Jordan Lilley
Should I Stay or Should I Go?
I own a house in the Charlotte NC area. Details here:Value: $215-220kOwed: $110K At 4.375% interestRepairs and upgrades already done: $13KRepairs to be done if renting: $12KIf I sell the house now, I’d end up with $85...
Craig E.
Assignee going around assignor after escrow period.
Scenario: The signed A-B contract cannot be altered before assigning it to C (absent agreement by all parties, not likely and cumbersome). What happens if C (conveniently) fails to close and we reach the deadlin...
Brittney Andrews
Introducing Dallas Texan Brittney Andrews!!!!
Hello All!
First and foremost I want to express my sheer excitement for being apart of the community! I feel like I'm getting closer and closer to my dreams! (Cha Ching- "Can I get a hot tub?!?", dolla, dolla bill y...
John Schnyderite
Likelihood of mold?
Entering basement definitely has an odor. Floors and walls are dry now, but there are signs that at one time, there was 2-4 inches of water in the basement. I don't know when this occurred, but do know the house h...
Damian Baynes
What would you start in with roughly 90-100k
Hello all,
This is my first post and I must say this is an amazing community. Everyone is very helpful and willing to share. A quick background on me, I actually own one single-family investment property. Have owned ...