Trevor J Dammon
Does the 50% rule apply to duplexes and fourplexes
Hi all,I've been doing a lot of research recently and am now starting to look at actual rentals and run some numbers. I'd like my first property to cash flow positive. I find estimates for property taxes by looking up...
Brian Stein
Michigan Economy - Housing Market...
So I'm new to the game, and I'm from Michigan considering making my first investment of a foreclosed home to rehab.
Looking at the free foreclosure database it seems like there is just a ridiculous amount of homes th...
Jason Malabute
SETTING UP LLC IN INDIANA AS OUT OF STATE INVESTOR
Hey guys I’m trying to start an LLC to put my first rental property in. I live in Los Angeles California, but my property is in Indianapolis Indiana. Do you need an agent in process with a physical address there in In...
Raj Patel
Cash out Refi
Hi everyone. So still planning my next move with the expectation that I start this process around May 2nd week. Currently tied up with other things. I currently own a retail building I purchased years ago. 3 years lef...
Bentley Denman
First time home buyer screw up
A little back story: About a year ago i moved to hinesville Ga, about an hour away from Savannah. I bought my first home using the VA loan for 0% down. I didn’t have the best credit so my interest rate was put at 7.12...
Thomas Weidner
Flipping vs New Builds
Good morning everyone. Today I would like to ask, what you folks prefer more flips or new construction and why? I know each have there pros and cons just as every avenue of real estate does. So why do you do what you do?
Winston Parks
Pricing a Motel
Hey BP,I am looking for some input on how I may handle a current opportunity. There is a motel in a fairly nice area of town that is a total eyesore. It attracts unsavory guests and has obviously not received any inve...
Matthijs Pol
Do I need a CPA?
This is my first time filing taxes and having investment properties both purchased late last year. Normally my wife does our taxes through Turbo Tax and that’s what we are planning on doing this time as well. But what...
Mike A.
Dropping TenantCloud due to increase in fees. Who do you use?
Sadly we're moving away from TenantCloud as they are now going to be charging $1.25 per ACH transfer. Since we have dozens of tenants, this is not going to go well. We've already informed the tenants of the fees, an...
Brandon Higdon
Non Permitted Structure
Hello Biggerpockets,I am looking for some help. I am about to put an offer in on a house that has a non-permitted structure attached to the house. The non-permitted structure would be a great addition because it would...