I have a off market triplex I’ll be closing on in a week and I’m buying it way under market value. It doesn’t really need any work besides the units being slightly outdated but it’s fully rented (rents are low). The s...
Hello all,I’m fairly new to BP site….Been so busy consuming info that this is now my first post. What a treasure trove of RE knowledge and info! I found BP through a real estate weblink and exclaimed, “This is incred...
Which one would it be better to start dealing with rental properties, by starting my own LLC or doing it just under my name ?
Hi BP Fam,So after weeks of listening, reading, researching, and scavenging through the interweb for a good fit on a Mobile Home Park deal, I think I have finally found one. Background: I am a (former Navy) physician ...
I own a condo out of state and in the past my dad handled most of the communication with the two tenants I have had. The current tenant I've actually never spoken to. He is the perfect tenant, he takes care of the pla...
I am getting a bit confused about what capital improvement costs for my real estate portfolio can be immediately expensed vs need to be added to my basis and depreciated over time. I am further confused by the concep...
So my situation is interesting at this point. My wife and I are moving from Nashville to Atlanta, and we bought our first house last year. We were planning on living in it for 5 years and renting it out, but that pl...
This is the third time, I've posted this thread. The first two times, I never got a single reply. Come on BP, you're letting me down right now! Please give me 2 minutes of your time to answer a debatable question for...
My first post on Bigger Pockets!Greetings all! I've read a few conversations so far about VA restoration of entitlement, but have yet to see this question asked here or anywhere else on the internet. A little about my...
Property Description: SFH in Austin, TX; 3/2, 1200 SFBackground: My father is retiring and moving to the beach. He and I have had conversations about my desire to own rental properties and have discussed me purchasing...