The middle age woman who has been in my 1 bedroom house has been complaining that the electric bills are high . The old tenant gave her copies of the electric bill as a example , he didnt care . And yes they were ...
Hello, I'm in Indianapolis and considering becoming a landlord, in a very limited way, we have a friend of the family that could use their own place to live. In many parts of Indy you can buy a decent small house for ...
Forgive me if this has been asked before - Can a seller add his own money to the money made at sale of a property to pay off a mortgage balance? Say the balance is 43k and I buy the house for 38k - can't the seller ju...
Hello BiggerPockets!A few things:1. I have no experience flipping a home, but see myself doing it within a couple years.2. I'm always looking to soak up as much knowledge as possible.SO...You found a property, you fix...
The BiggerPockets podcasts have been an invaluable resource for information, knowledge, and inspiration. So, first, thanks guys for putting that on and thanks to all the guests as well.
One of the little nuggets at t...
If I sell a property I own completely (worth 175k after realtor's fees) and want to keep 50k of the proceeds and 1031 the rest into 2 or 3 new properties how do the tax consequences play out? Do I pay 15% on, say, 58...
Hello, I have an existing tenant who wants to break their lease. The lease (I inherited) states they are still responsible for any remaining rent obviously. My initial thought is to ask them to be out by X date and wo...
Hi,I'd like to share some experiences on what I have seen in the Baltimore area which is my neck of the woods. As many know the federal eviction moratorium ceased after a Supreme court ruling on August 26, 2021. On...
So I got my salesperson license a couple of years ago so I could control any deals I came across. I have a friend who would like me to sell his house, and I have never listed or sold a property before. What advice rec...
I have an opportunity to buy a 6 unit multi family. I have run the numbers multiple ways and feel like it's a good opportunity. I am not 100% percent sure how to analyze this property so just looking for some input or...