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Hi,I have never invested on a property before and I would like to get in the game just for passive income because I think it might be good for long term wealth/retirement. Next year, I am planning to invest on a prope...
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I found a great 20 plex apartment building, fully occupied, great cash flow. The owner is hesitant to sell it, however, because of the tax implications. It is fully depreciated, he inherited it, it's currently held ...
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In J Scott's book he says he wants at minimum 10% ARV in profit for a flip. Is this pre-tax or post-tax? For example, let's say you're paying 40% taxes on all profits due to being in the 24% tax bracket and having to ...
Hello, I am an overseas buyer from China looking at buying rental investment property in the US. At the moment I am focusing on some certain market, Dallas is one of them. For last months, I went to zillow and loopnet...
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Im trying to buy a triplex, i have the right income, the right savings but i was told that for a 3 family house the bank calculate the rent of the 3 unit and multiply it for 75% than if the amount is less then the mor...
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Hello everyone, I have recently started helping out a family member with their rental property and have found out that they have no screening process for tenants. This has obviously led to many issues in the past. I h...
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As a realtor I have access to the MLS and as one strategy to locate my first deal Im going to keep submitting offers until I get a hit. This will be time consuming and a lot of work however I am fully committed to thi...
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By now, we are well aware of the unprecedented and devastating impact Hurricane Harvey has had on Houston. Many of you, have friends and family that have been displaced by this tragic event and are literally left with...
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Hey, just joined Bigger Pockets on suggestion from my dad. Here's the kicker though, I'm 15 so I don't have a job and am a full time student. I want to alleviate the stress of investing a little off of my mom and dad ...
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Hello! I currently live in a 1,000 sq ft home on a 7,000 sq ft lot in San Diego county. I am building a 1,000 sq. ft ADU in my backyard. The appraiser from the bank lending me the money for the project said my home wo...