Justin Pumpr
Raising rent as a new owner with section 8 tenants - Oakland
Hi all,first time poster here. I've looked through some of the other posts and it doesn't seem like this has been properly answered, so I was hoping for some info.I am on the cusp of buying a duplex. One unit is vacan...
Thomas W.
Why do you exclude the mortgage payment from the cap rate?
It seems like you would want all expenses included right? As I understand it the cap rate is telling you what percentage of the total price you'll make back in a year?So why would you exclude the mortgage payment beca...
Briana W.
University rentals in an undesirable area
A university in my area plans to increase the number of undergrads exponentially in the next 3 yrs. I'm considering purchasing SFHs in that area to rent to students bc I know student loans/funding/co-signers are able...
Zachary Templin
Birmingham or Berkley, Michigan
Hey BiggerPockets!I am definitely a newbie, currently have a vacation rental and am turning current house into a rental. I am military and am looking to relocate to either Birmingham or Berkley, Michigan area. This ne...
Account Closed
Mortgage interest deduction going away?
There are several tax deductions that greatly benefit investors. These are depreciation and the mortgage interest deduction. There is now some talk of eliminating the mortgage interest deduction. Probably nothing w...
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Numbers Are UP For Forclosures!!
The number of foreclosures nationwide hit a record low last year, but they are rising this year.
That trend is expected to continue into 2007, mortgage-industry officials say, due largely to the dramatically higher p...
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When will it get better?
John is correct. Markets are very local and some are performing well and some are in the tank. Here in So Cal, if you segment the market by price; the higher end has seen prices holding up well while at the low end ...
Adam Carl Birgenheier
Older Houses With Cracks in Foundation.... Any Rules of Thumb??
Hey BPers!I have a quick question.Cracks in the foundation of a house..... Is that a deal killer? Is it something to worry about? Or are they easy (cheap) fixes?A buddy of mine and I have been searching for fix and fl...
Shane Adsir
HUGE DEAL: need advice, mentorship, and help (Foreclosure of PM)
I am new to this and I have read enough that I feel confident on working with others. I have found a foreclosure of a property management business that ran in since 1958. The city invested 1 billion dollars to revital...
Nina M.
Help with San Antonio Zip Code 78203 please (map)
Hi everyone,We are looking to buy a rental home in San Antonio. A bit nervous, not sure if we are buying at the top. Anyway, trying to learn more about San Antonio.How's the area in the map below in terms of vacancy r...