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Hello all. I have a duplex that recently was renovated and located in a small town, Algood TN. Each unit is 2br 1ba and we had one unit rented at $950/mo on 12 month lease. We are considering strategies to maximize th...
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After researching online and in landlording books I am still alittle confused about deductions / depreciations and business vs property owner. Can someone please tell me if I have this info correct?
Bought my first a...
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My introduction to BiggerPockets has been long overdue. Originally, it was postponed due to my ignorance on the subject of real estate investing. Later, it was again postponed due to fear of appearing foolish for havi...
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I have heard several podcasts related to Partnering to scale up and buy a commercial apartment building. It sounds like they get a deal under contract and then raise the capital. How is that possible for someone inex...
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I’m sure I’m not the first to think of this idea but I haven’t heard of anyone discuss it. My plan together started in my buy n hold venture Is to gey a prIvate loan from a famIly member for tge coast of the house plu...
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I’m at a total lost right now! l was just told I would have to pay 23k to refinance a portfolio rehab loan on two properties. they are only lending 70% LTV, my rental rates are $1785 and $1985, but the market rents in...
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Been gone a long time from the forums, Hoping someone with tax expertise could help me here. My wife and I have 16 rental units in Kentucky and although we have an on the ground handyman we mange financial things rem...
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I'm looking at purchasing a condo from a turnkey company in Indianapolis and it looks good on paper but wanted to check with you folks.Here are the numbers:Price: $65kRent: $1075 (2bd 1.5 bath)Expenses (PITI, PM, HOA)...
Hi guys - I need your help. I have an investment property my husband and I own that we have been renting out for the past 2 years. When the tenants moved out a few months ago, we gave them the proposition of buying ...
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In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. And to be honest, I feel the need to generate a specific post on this, since ...