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Hello all, took first gig as a doctor in Indiana. My wife and I have house hacked twice in a condo and now town home. We are renting the condo and will be renting out the town home. Currently we are looking at 400-550...
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I am a new member of the BiggerPockets community. I really ejoined ready the posts that Ive read already, alot of good information.
I am James E. Barton CEO and founder of Barton Financial Group. We purchase paper a...
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I am wondering if it is worth converting my 2 family to gas. It is currently electric and very high to heat and run appliances. I house hacked and live in one half and rent the other. Long term plan is to move out ...
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Hi- I am looking at a investment property that might be convertible into a 3-4 unit rental property, except the township requires that any additional dwelling requires 2 new parking spaces.So my question- does anyone ...
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Hi everyone, Does anyone have experience converting a investment property they own into an LLC? I am buying a property with a partner at 52/48%. I will be buying the property since with an LLC there will be a higher...
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Hello,I am looking to have an in-depth discussion with a tax professional regarding my rental home. I have owned it for 4.5 years, I have lived in it for 2 years, rented it for 2.5 years. I am going to be moving for m...
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Hi,I am closing on a rowhome in Baltimore (Belair-Edison) that I am planning on renting out after the rehab is done. The main question is what to do with the heating and cooling system: - Option 1: Service the cur...
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Has anyone converted a single family to a duplex in Austin? Our current residents is 1600 sqft 4/2, zoned SF-3 with 1850sqft lot. Poking around online we should be able to build onto (second story) the property and “e...
I'm a first time home buyer and have been renting up until this point. Can I get a conventional loan on a primary residence and then convert it to an LLC if I want to have roommates or rent it out when I'm not there s...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $300,000
Cash invested: $15,000
First home converted to rental
What made you interested in investing in th...