24yo Navy Vet who is in a unique situation. I've been reading some books by Robert Allen and one by Peter Conti & David Finkel. I'm very interested in Flipping, or even working some Lease Options. I'm very moti...
Hello everyone, long time reader, researcher, podcast listener but first time posting, as I finally closed on a rental property a few days ago (wish I was posting on a slightly more positive note).I tried to search th...
Folks! I am exploring installation of roof top solar panels to a) reduce the utility bills (Owner paid utility situation), b) to replace an old roof part of this deal so it can be depreciated quickly!Of course, it's g...
When figuring out expanses, one thing that eats away most of my profits is insurance, but I assume pretty much same number for any size/year property: $1000/yr for homeowners insurance and $1000/yr for flood insurance...
My wife and I are about to buy our first house in Hendersonville Tn. It is a growing market right outside of Nashville. We have been renting the house for about a year now with the intention of buying in 2021. The own...
I've read a lot about how taxes are calculated and i'm wondering if someone can review to see if i'm on right track. Thinking of selling two family and want to get everything figured out. Original Cost + Improvement...
Hello Bigger PocketsMy name is Marshall Stary, and I'm new to the world of REI. so a little about myself. I work in the oil and gas industry as a inspector and a mechanical integrity specialist out of Houston, TX. I h...
The property is a large twin, zoned RSA-3.Two entrances:Main entrance - large 5 bedroom 2 bathroom, living room, and kitchen space.Rear entrance - 1 bedroom, 1 bathroom, living room, and kitchen. In Philadelphia cou...
Wondering what kind of form/estimate sheet you all give your contractor?I've completed various renos, usually on the smaller side <40k and always used an excel spreadsheet with what is to be done, kind of broken do...
I started out by renting my condo to a friend 3 years ago when my company moved me all over for a work assignment. I was able to save up quite a bit as my living expense was paid for and I put away all my salary an...