I am thinking of buying a condo in Maui, Hawaii. I have an offer in for $42,000 2/1.5 mountain/ocean view. It has tenants in place paying $950/mo. The HOA fees are $668/ month, this includes elecricity. the bank is c...
I live in the mid-atlantic region. Single family homes are my niche, but I am branching into small multifamily (2-, 3-, 4-plexes) properties. They are different from traditional residential rentals in many ways:- age-...
Hello BP. I'll get right to the point. Bought a house in Baltimore City in 2005 (about a year before the bubble burst) with very little down. Fast forward 10 years, the house is underwater, but fortunately the market ...
I'm a new investor in buy and hold RE. I'm looking for my second out-of-state property currently. Would it make sense to have my property management company manage the renovation on any new property acquisition or f...
Looking for the forums help in understanding all of the different avenues you would be exploring if you were me in posting this portfolio for sale. I have been investing/building this sfh canton ohio portfolio since 2...
I'm in a crux about what to do on 2 rentals. I've never raised the rent on both properties since the tenants moved in. One tenant has been there 5 years and the other nearly 7 years.I would like to start with a prelud...
Hi all,
Forgive me but this is a rant. I'm a newbie RE Investor; I just closed on my first rental property (2 bed, 1 bath SFH) on 9/26. I was very fortunate to get a renter lined up before closing, and she moved in...
Hello Bigger Pockets!
I'm a long time podcast-listener and longer time dentist located in Cincy, OH. This coronavirus thing confirms my more recent suspicions that my career isn't perhaps as robust as I initially th...
I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
I have read the B.P house hacking book many times. Now it's time I take action. How do I succeed on my first house hacking property after I find it?