David Naphy
Cash out Refi or wait
23 January 2025 | 7 replies
paying mgt any landscape/snow/utilities?
Tyler Edens
House Hacking Budgeting
20 January 2025 | 4 replies
Here are the key numbers:Potential purchase price: Mid-$400k rangeAppraised value: Estimated at ~$500kRehabbed comparable properties (comps): ~$580-600kMonthly PITI (with 5% down, including mortgage insurance): ~$3400First-year PITI (with 2-1 buydown): ~$2900Monthly income (after taxes): ~4-5kLiving expenses (utilities, groceries, etc.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.
Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
To determine the correct treatment, consider the RV's permanence, utility connections, and business use.This post does not create a CPA-Client relationship.
Jaime Ponce
House Hacking In Salt Lake County/Utah County/ Logan, Utah
16 January 2025 | 5 replies
After watching some of the podcasts and reading posts I am set on starting my real estate journey utilizing the house hacking strategy.
Dennis Bragg
Emerging Real Estate Investment options in 2025
30 December 2024 | 6 replies
Mixed-use properties that integrate residential units, co-working spaces, and retail areas with sustainable design elements are particularly appealing.
Jacob Havlovick
Duplex House Hack
22 January 2025 | 8 replies
Hello Biggerpockets Community, This is my first post as I am trying to utilize BiggerPockets more.
Grant Woodward
Pool liability mitigation
30 January 2025 | 12 replies
Keep in mind that pool maintenance and chemicals will set you back several hundred a month, plus higher insurance, utilities etc.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
The canceling tenant remains responsible for rent, utilities, and other charges until a replacement takes over.
Brandon Morgan
is an LLC necessary?
27 January 2025 | 33 replies
No - but I'd say about 90% of my borrowers/investors utilize an LLC for what it's worth.