Eric B.
LLC or S-corp To Buy Tax Liens
I recently read some advice that you should never purchase a tax lien in your own name. Well, before reading this advice, I had already purchased about a dozen tax liens in my own name. a few of them have redeemed.Now...
Richard Lovering
First Multi-Family purchased!
Well after about 8 months of books, podcasts and seemingly endless education I now own a 5 unit MF in Manchester NH! I went in with 2 other partners, one of which already co-owns 15 or so units and is both a friend an...
Dima R.
Pay down mortgage to then cash out refinance?
In Long-Distance Real Estate Investing, Greene discusses amortization and the benefits of paying down loans quickly. At the end of Chapter 4, he writes, "...why not reinvest that income into new properties? Pay down y...
Matthew T.
Buying a multifamily residence with a USDA loan?
Hello,
I was wondering can you purchase a mutifamily home (duplex, triplex or quad) as an owner occupant residence with a USDA home loan?
Thanks!
Nancy Reynoza
Need advise on my next purchase
Hi. I am new to BiggerPockets and I am looking to purchase more income property. I currently have a Triplex and a single-family home in my rental portfolio. I am thinking of purchasing a new home for my family and ren...
Brian Miller
Need 2nd opinions on 4plex
This 4plex is in Philadelphia and the owner wants 269k. Gross rents last year were $31,200. It needs roughly 40k in rehab to increase gross rent to $37,200. It also has 2 garages that can get $125/mo a piece but were ...
Jay Thomas
House hacking a single-family home or small multifamily property:
Follow the same general steps:
1. Find a good property to house hack.
2. Crunch the numbers before making an offer.
3. Close escrow, move in and make repairs.
4. Find a good tenant.
But there are a few key t...
Chris Armstrong
Thoughts about what to do with cash flow, reinvestment and growth
I just want to get the perspective of some folks who have a little more experience in this area than I do, I would love to know the other perspectives that I am not seeing. One of my favorite quotes is " you don't kno...
Larry Bailey
Common mistakes with investing in real estate
Here are some common mistakes made when investing in real estate:
Not researching the market: Not researching the real estate market and local economic conditions before investing can lead to poor investment decision...
Fang Underhill
Any cost segregation CPA?
We are doing a few renovations on single family properties. Meantime we are doing land flip and generate a great return. How come the expenses on the rental properties can not be 100% deducted from capital gains from ...