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Results (10000)
Andrew Ware Amortization sweet spot
20 April 2016 | 7 replies

I rarely ever see anyone talk about amortization. So I'm trying to figure out how I should be thinking about this. In the first years of a loan you pick away at the principal very slowly. Is it worthwhile to use c...

Pearce G. What's the value of an accessory/storage building for a rental?
14 May 2017 | 9 replies

I just put an offer on a 1100sqft 3/2 SFR on a half acre.  Should rent for $1000-$1200.  Was wondering if putting a pre-fab storage building in the back yard might allow me to charge an extra $100 or so.  Any opinions...

Houston Tullos Real estate advice for beginner.
8 January 2023 | 8 replies

Hello, I’m new to bigger pockets and real estate in general. I appreciate any advice.
I’m about to come to some extra cash (200k) in March. I recently purchased a new commercial space and renovated it for my office. ...

Kevin Zou Does depreciating house on tax return lower borrowing power?
6 July 2020 | 13 replies

Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...

Julia Blythe Household Junk in Memphis
10 July 2015 | 2 replies

We are set to close on a house where the owner died and there is stuff everywhere.  Instead of hiring someone to throw this stuff out and having to pay for extra dumpsters, I would love for someone to pay me to clean ...

Mario F. Looking to buy a duplex and convert large garage into studio
16 September 2016 | 10 replies

Hello, I'm looking into buying a duplex in Los Angeles.  My offer has been accepted but I'm still debating whether to take it.  This duplex has two small units and a large spacious lot in the back along with a three c...

Joe Kim refinancing investment properties
7 July 2015 | 7 replies

I'm in the process of refinancing an investment property.The current loan amount is 110K @ 5.125 fixed 30 yearsI'm getting it refinanced at 115K @ 4.25 fixed 30 yearsI will be saving around $50/month in mortgage payme...

Shawn S. Is 1 Million Liability enough?
12 September 2013 | 20 replies

So my standard property insurance has 300k liability. For 55 more per year I can get up to 1m. Is this the way to go? At this point we have not done an LLC, and we are unable to get any sort of umbrella insuranc...

Connor Umfleet Advice on Buying a 3rd House for a Live In Guest Suite Short Term Rental
10 July 2023 | 5 replies

I'm hoping someone can give me advice on whether or not purchasing a 3rd home to do a guest suite rental would be a good idea, given our current situation.My husband and I own two houses: One in Vancouver WA and one i...

Jason Davis Hard Money - is this a good deal
26 April 2011 | 9 replies

House is ARV is $140 to $150K
listed for $124,900
My bid will be $75k

Lets say I get it for $75k (yet to be determined)

Hard money deal for $80K

Interest only payments paid monthly
interest is 14 %

No points up fr...