I'm currently analyzing a theory that can help many people achieve financial freedom, but I need your feedback to validate it.The idea is simple: purchase a property with a mortgage and put it on Airbnb as a short-ter...
Hi Bigger pockets.
This is my first post, so please forgive my ignorance. I own a rental property (4 bedroom house) and the Tenant is using the property as his business address for his construction business. We to...
While trying to set up a self directed IRA for real estate investing the rep explained to me that I can’t go to Home Depot to buy building materials. He said I “ You have to stay out of Home Depot” OK, not off to good...
I bought and furnished a new rental property in 2019. I did use bonus depreciation for the cost of furniture, but I lumped the property improvements (mainly new hvac, water heater, windows) in with the building and ...
While I wait for my attorney to call me back, let me try here if anyone is familiar with Fannie Mae contracts.
I got an offer accepted and now are swimming through this messy process.
First of all ab...
Hello, I am new to real estate investing and am looking to purchase my first rental property. I've found an off market deal that includes two properties being sold as one. First, can that be done since the two propert...
Hey BP,
I'm stoked to announce I have my first duplex under contract! I will be an owner/occupant and with all the perks from being a first time home buyer I only had to put a few thousand dollars in the deal!! Once ...
I'm active duty military. I live in NV but rent out my property in GA. My property manager doesn't notify me of charges for repairs less than $100.My tenants keep the house very clean and have always paid on time, s...
What exactly does it mean that 5 units is the minimum to place a commercial loan on an asset? I ask becuase I have a little redevelopment project I am doing: two houses are being turned into one duplex and one rental ...
I am new to this so any advice would be helpful. I have set up a Self-Directed IRA and funded it through Advanta in Atlanta. I am required to set up an LLC in order to fund the LLC to make purchases for the IRA. Origi...