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Been doing a lot of research and prep work and feeling ready to start putting offers. Few questions still.1. If I use a HELOC or HELOAN from my primary residence to buy a rental, will the mortgage interest be able to ...
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Hey BP family - I am very new to RE Investing. I decided to make RE Investment a focus a year ago, and as of four weeks ago, my wife and I have picked up five properties. Below I tried to give a brief overview of my c...
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Hello BiggerPockets community, my name is Johnquel Jones. I recently graduated from a 4-year university-May 2016- with an Accounting degree. I even more recently-July-accepted a job offer and will begin working...
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Okay..I've come to a point where I believe I've definitley found some good deals, and I'm about to make offers on them.
But before I do, I need to be positive on the most important aspect of a supposed "deal": knowing...
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Hello BP!Continuing my trend of posting on topics that I'm currently learning about; I've been looking for a new property management company (PMC). My current one, while competent at placing tenants, is not very comm...
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Hello all! I am a native New Yorker and I am just now in a position where I can seriously start saving for a down payment on a home. I currently have only $10,000 set aside which--in this city--is a paltry sum.I used ...
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I'm a new member and would love some feedback on our recent purchase and analysis.We bought a residential property in an upscale neighborhood. It was built in 1999 and has 3,824 square feet. They added an in-ground ...
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Hi all,
I have purchased two single homes that I am currently renting. One in Mississippi and one in Alabama.
I am looking to get into rehabbing now. Based on the market in Montgomery there are a lot of deals to be...
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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...