Jonathan Small
STR, Flipping vs Boring and Profitable Investing
11 January 2025 | 19 replies
Long-term buy-and-hold rentals in stable neighborhoods, prioritizing consistent cash flow and responsible management over rapid appreciation.
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
Baselane has the added advantage of synching with your Schedule E you'll use at tax time to file your taxes.
Brendan Jones
First property advice
9 January 2025 | 9 replies
A mid-term rental could be an great option during the 6-7 months you're away since it appeals to traveling professionals, remote workers, or individuals relocating and offers stable income without the constant turnover of short-term rentals.
Elizabeth King
Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 replies
Rental income and expenses, such as mortgage interest, property taxes, repairs, and depreciation, can be reported on Schedule E of your personal tax return, regardless of ownership structure.
Christopher Petrillo
Contractors in crystal river Florida
13 January 2025 | 3 replies
@John BuschHi Christopher,A few great local options to consider are Mike Keith with A&E Construction (352-270-0399), Citrus County Handyman (352-440-3305), and Dynamic Craftmasters (352-422-5119).
Yooni Choi
What's considered a 'good' cash flow in Pittsburgh?
7 January 2025 | 2 replies
Prioritize stable cash flow, good location, and manageable property condition, while considering strategies like gradual rent increases, expense reduction, and value-add improvements to enhance returns.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
14 January 2025 | 20 replies
Anyone can buy a stable senior income fund like FLBL with the click of a mouse and no liquidity or complexity issues.
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
The dealflow from brokers is always there, but the juice vs squeeze conundrum is in full force because if you dont manage this closely, you will start soaking up tons of bandwidth and payroll with underwriting several deals for only 1 in 5-10 to actually close.
Evan Grant
New to BP, Looking for initial mentor info / recommendations
14 January 2025 | 3 replies
Thanks for reaching out ... while I'm not new I am nw to Bigger Pockets and tryin to get me head around it ... interesting you're Philly based as I bought and sold five row homes there , four in Fishtown.Before: https://www.zillow.com/homedetails/2157-E-Dauphin-St-Philade...After: https://sagecsnyc.com/portfolio/fishtown-townhome/I'd welcome a chance to chat more as I'm working now but saw your email ...