Jared Schott
Long Term Rental by assuming loan; risky idea?
Hi folks I previously posted about a 5 bed 4.5 bath house for sale at 590,000 and has been up for 60 days. This house has an FHA loan that I can take over and all in it'll be 2k/month. however, the amount left on loan...
Brett Sorenson
Thoughts on SFH to live in long term
Out of college (5 years ago) I "house-hacked" a duplex (Minneapolis) and it worked out great. I am closing on a second duplex in July and a SFH rental in July as well. My wife and I (both of us are CPAs) are beginning...
Account Closed
My first long term flip/investment - advice wanted
I purchased a multi-family in a rougher area of Boston when I was 25. It was in very bad shape. I am very handy and did a long term sweat equity renovation. My tenants love me, but I am sick of the area and burnt out....
Andy Peck
Hardwood Flooring - Rehab Recommendations for Long Term Stability
Hey BP,I'm looking to close on a 3-plex (3 flat) in Chicago in the beginning of December and doing an FHA full 203k rehab of the property.One of the items we are upgrading for long term buy and hold stability is the f...
Aldo Balatti
Anyone Doing Long Distance Short Term Rental Successfully?
I am in Canada and interested in having a vacation property in the US for short term rental in a long distance/far away market from where I am living. I am interested in having the STR property fully managed by a tu...
Rob King
Where are the successful ones? Long term players
Hello Friend, This is something new for me to actually post on here. Yet, I have a good feeling that my desire will have a mutual interest to those who would rather work then have a family.I am young and looking to ma...
Bryan K.
Long-term planning for a first time buyer
Hello BiggerPockets users, this is my first post but I have been lurking the forums, listening to BP podcasts, and reading about real estate for a couple months. I have been trying to plan my best course of action for...
Daniel Karbownik
How to structure partnership for long-term rentals
I am curious how one might structure this partnership. I'm looking to purchase a rental property. With what I'm looking for, I will need to be in about 40-50k up front between down payment, closing costs, and repair...
Edward Fedorovich
Tax implications of selling a long term rental
Tax implications of selling a long term rental property that has appreciated and been leveraged.Hoping to better understand my current situation, appreciate any insight.I have a home that I purchased in 2012 for 32k. ...
Jim Goebel
Interest Rates - Long term fixed vs Commercial rates?
We are closing on 3 loans later today. So, the time to probably push back on rates, if there ever was an option to do that has probably passed. However, we were quoted rates back I think in early March, which in a q...