Hello all. I hope this is posted in the correct spot. I own a rental property in Sarasota Fl. Here are the stats:Single family 2/1/1Purchased for 159k in 2004Owe 115kMortgage/insurance/taxes/hoa are 1300.00 a monthCur...
Greetings from the confines of my home/office. I just signed up for the site a few days ago and I have been listening to the podcasts for about 2 weeks now. First of all, the podcast is seriously one of the best ou...
I have been lurking on bigger pockets for a couple of years now, and I feel like I have been in analysis paralysis for much of it. Here is my situation… I currently live in Las Vegas, I have 130k to invest, and zero d...
Hey Guys-I've been lurking on the forums for a number months and finally wanted to introduce myself and also ask for some advice! Man, there is some great content on here (working through the podcasts (what's going...
I suffered a kick to the stomach today. I work in the healthcare field, I make good income, receive a W-2 but I only work in 3 month throughout the year for multiple employers. My plan was to purchase my very first pr...
I am looking for opinions on this scenario. A fellow investor was looking for some cash for a new investment. I agreed to purchase a SFR from him. It was tenant occupied, managed by a PM that I knew. A good cash f...
Should I use the equity in my primary home to purchase my next home? I will be renting out my current primary residence and moving to the house I will be buying.
We are planning to turn our primary residence into an STR at the end of this year and are looking to take advantage of accelerated depreciation if we can meet the REPS requirements. To my knowledge I believe this is p...
Panhandle investors! I grew up vacationing in this area yearly and love it. Hard to beat the beaches, and of course, who doesn't love The Back Porch in Destin and the Wharf in Orange Beach? Been seeing a good bit of i...
The lender of the first mortgage on the house which my wife has sole title of, made an error when the mortgage was created, and does not have a lien on the property.
We are in the San Francisco Bay Area. My wife and...