Allan Quintela
Need advice on this deal
hey BP! So tomorrow I will be going to an open house to check out a triplex. I want to see if you guys think the numbers are good and see if it's a deal i should put an offer on if everything in the property looks goo...
Kiran Chaudhari
Advise college town rental opportunity with appreciation in mind
Hello,I am an investor recently joined to biggerpockets and looking for any suggestion to pick college town rental opportunity with appreciation down the line.Thank you,Kiran
Michael Dunn
To use or Not to use DownPayment assistance ?
Good evening,I am in the process of getting a contractor and purchasing my first rental,and I am trying to decide if I should use the Down Payment assistance program for my state MississippiAnd what are the pros and t...
Account Closed
How do capital gains get calculated in California?
we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...
Gaby Liu
$5800 closing cost for SFH $85k
Hi everyone,
I am closing on my first rental property in Indiana and this is the closing cost details that two lenders sent me. The property is $85000 and I am putting a 25% down payment on it. The total closing cost...
Michael Smith
Re-finance my (2) 2-families or save to buy my 3rd multifamily?
This is my first post to Bigger Pockets, however, been following for a while. My market is Albany, NY.You can make pretty staggering net profits in this area. My biggest question now is wait another couple years and b...
Cara Lonsdale
AHA BNB - Anyone Crazy Enough To Do This?
So, here I am trolling various sources for properties in other markets, and I stumble on this posting for an Air BNB-like investment opportunity. I click the link to browse a website that looks beautiful, but is seem...
Bryan Stats
Do banks care about student loans for mortgages / cash out refi ?
Greetings there
I am new to the real estate world
Unfortunately like many young folks I am saddled with a lot of student loan debt, hence my income to debt ratio is very bad
For those who have experience attaining ...
Andrew Z.
How to set up accounting and banking for reserve funds.
Hello, everyone. I have a newbie question about reserve funds. Let's say I have a number of rental properties, each with income, actual expenses, and reserve funds for capex or vacancy.1) Do you have separate bank acc...
Miguel Vasquez
How to collect rent money
I am just starting in the Real Estate Rental investment. I need to know how is more efficient to collect rent knocking doors or sending a bill to tenants? I am investing in a low income town and a friend of mine told ...