HelloI'm looking for someone that has either attended sheriff sale or actually goes to the Gloucester cosheriff sale in NJ, I'm looking to purchase a property that is going to sheriff sale soon, and hoping the opening...
Hello all,I'm wondering what assumptions you use for real estate taxes you use when acquiring a new multifamily property? I'm particularly interested in the DFW area since taxes are such a large expense in this area. ...
Hi guys,Could you please help me out?Everybody keeps saying how if a husband and a wife own an LLC it is still considered as one member LLC. Also, its easy to pierce the corporate veil of one member LLC, and courts ...
Good Evening Bigger Pockets, After 3 years of hard work I've been able to get my first multi family Property in west new York, NJ. I closed the deal in the end May 2016 and I'm now on my second mortgage payment. I was...
Hi All,Fairly new to BP, been listening to all the podcasts and enjoy looking through this forum. First post on here! Been saving up for a while, and ready to start my path to financial freedom within the next year. L...
How you write off your auto expenses does matter for taxes. It also does matter for loan underwriting. Notoriously, lenders and CPAs do not understand each others' rules and are often locked in needless conflicts. Fre...
My last post about military rentals focused on the 1% of Americans who always have a job, not matter what the market conditions were. This topic talks about BAH and how it factors into rental decisions made my militar...
When doing my analysis of a property, rental income is easily verifiable as well as property taxes, the cost of insurance, etc. However, I'm not sure what figure to use for repairs/maintenance as it can vary dependin...
After mailing out the initial wave of say yellow letters, how long and how often is it recommended to send a follow up mailer? What piece is recommended after the initial letter? I mailed to an inheritance list with ...
I'm currently using American Modern for my policies (Colorado and Indiana). I have older homes (1913, 1920, 1940, etc.) and I've been told American Modern won't do a DP3 type policy on homes 80 years old or older.Ide...