Hello all, My fiance and I closed on our house a month ago and I just received an email from my lender informing me that 'When the title company completed the closing statement they flipped the winter and summer tax ...
Good evening, I'm new to bigger pockets and real estate. I have no experience and have been reading books and listening to pod cast. I have a question as to the 70 Percent rule. How accurate is it? I know it is used a...
I have a property that I'm taking applications for. It's a nice brick home in a B area with great schools. Rent is 1325 per month.I have a tenant who applied who is being transferred back to our area after several y...
When buying a Real Estate consider property tax new cost specially in today's Market. Never, Never use your sellers property tax expenses to estimate your future property tax, this is a big mistake done my many peopl...
How accurate is it? I know it is used as a guideline and is not set in stone but is there anything that has really deterred anyone from doing it or something that a beginner might miss or not know of? Any feed back or...
My tenant has been in the house for about 5 months now.All seems to be going fine. I went to do a minor repair at the house and saw a cat which I never new about. She has two dogs which I knew about. She has a $800 pe...
IntroductionThe saga started almost a year ago (September 2014). The relationship with long-term tenants we inherited two years prior had been sliding sideways for some time - their unit was the only one we had not r...
Are there any surprise tax rules I should know of for renting out my condo to people nightly? As far as I understand if you rent your condo out for fewer than 14 days at a time then the rental income is tax-free (othe...
Hey BP investors! I'm relatively new to the game and am looking to start REI in the next few months. My questions for those with more years under their belt of REI is:
1. What are the biggest surprises you have had t...
Doesn't all your monthly income hinge on this? The average size of bedroom in my middle class area is 100 - 150 sq ft. The average median priced home here is about $300,000 and about 2000 sq ft, often not including ...