I am 27 years old. I currently have 3 properties. 2 of the properties are long term rentals (1 SFH, 1 Duplex), and the other property is a primary residence. I have a high paying career and I have managed to keep my e...
Hi All,I have a partner looking to get pre-approved in Austin. Can we get a few lenders that those in the market can recommend that they had a good experience with? How many should he get pre-approved with...5 at leas...
Hi all, I'm new to BiggerPockets, although I've been listening to the podcasts for a while trying to learn as much as possible. I live in Portland, OR, which as many know is an extremely hot and expensive real estate...
A seller is attempting to do a short sale, as they owe more on the property than what the property is worth. However, the sellers are up to date on their payments and not in default. For the sake of argument, lets say...
Hello all. I have a question about how to connect two acquaintances to make a deal:1. The first personIn a recent conversation, I have learned than a former landlord of mine is seriously considering selling three of h...
Hey everyone. I've decided that I want to get into wholesaling until I can build up enough money to start buying and flipping. I'm doing my homework before I actually attempt to find sellers/buyers so that I know what...
Hello all, I am trying to determine my first move whether that will be a Multi Family house hack in the Chicago area or a small house flip at first to accumulate some capital. I would need some time to accumulate a do...
I am under contract to buy a C-class 12-plex in Tucson, Arizona for 680k (roughly 57k a piece all 2 bed/1 bath). Rents are currently $500 at the moment but market rent is about $725. I pay water and garbage. Here is t...
Hey the neighbor on one of my properties called this mornings and said he was having a fence guy come and move the fence 1.5 feet on to my property and showed me a survey that he had done. Moving the fence will destro...
Hi BP community! I just talked to a financial planner/CPA and she said that depreciation of a rental property can not be written off as a deduction if your household income exceeds 150K. I could not find any proof of ...