Michael L.
Back to school!
28 August 2024 | 4 replies
Does it have to be an architect local to the state you are rehabbing/building in that would have to sign off on your plans or can any certified architect sign off on your drawings?
Natasha B.
How to achieve goals…
30 August 2024 | 2 replies
I been looking up stuff and they said I can still do real estate even if can’t drive.
Zac Lindquist
Funishing Costs to Mid-Term Rent in Columbus, OH
24 August 2024 | 9 replies
If anyone currently MTRs in this area, I am curious on how you got started, how you run your operations, and how you furnished your property(own/rent) and what the cost breakdown might be for me to do the same!
Rob Ibarra
Commercial Kitchen Conversion Project
30 August 2024 | 6 replies
@Rob Ibarra Converting non restaurant space into restaurant space can be fairly costly from what I understand due to the need for larger than standard water lines to service the building and a general need for grease traps and other restaurant specific infrastructure.My first question around going from abandoned auto shop to kitchen is zoning, could you even get the use approved, and then are their any environmental factors in play?
Aaron Orenstein
Primary residence to rental - prepping and repairs, tax deductions
1 September 2024 | 6 replies
If you do the work before the property becomes a rental, it won’t be deductible but can increase your cost basis for capital gains tax.
Jordan Bedminster
I am a soldier looking to utilize my VA benefits to invest in rental properties
30 August 2024 | 5 replies
I am interested in searching for such units within wake county is there any way we can put together a meeting to discuss the overall cost of such an investment considering my VA benefits?
David Butler
Real Estate Rookie podcast episode 449 feedback
27 August 2024 | 6 replies
I have every empathy for folks who are hurting especially from instances that are from outside of their control, but filing bankruptcy to get out of debt that she chose to sign up for and promise to pay for the sole purpose of getting ahead faster (her story, not mine) seems less than ethical and Bigger Pockets promoting it is questionable.
Nia Booker
Funding my First Duplex
26 August 2024 | 20 replies
They'll have resources.Also - check with your real estate broker regarding asking the seller for a credit (FHA allows seller credit up to 6% of loan amount) toward paying closing costs.
Brady Ascheman
All in on RE or Invest in stock market as well.
3 September 2024 | 2 replies
You can go heavier in one category but that's up to you on which on you'd rather invest more in
Freddy Espinoza
STARTING OUT (House hacking, where to invest, advice)
1 September 2024 | 4 replies
Typically what @Samuel Diouf suggested will not work, unless you also include a significant and successful value add, for a few reasons 1) debt to income requirements likely will provide a means to get a loan on a 2nd property. 2) saving 5% for OO down in Orange County on MF likely means at least $50k with closing costs. 3) the home if purchased rent ready off mls will still be cash flow negative after a year (and 2 years, 3 years, … at some point it will have positive cash flow but I would not expect it in less than 3 years on rent ready property.